Yes, Investors Love Healthy Brands. Why The Primal Plan Focus On The Basics And Your Why Works. Check all background information that MyLife has gathered. See 47 times From his time as manager of Justin Bieber and Asher Roth, to his part in acquiring Big Machine Records, to selling his own company for $1 billion, Braun has built one of the most impressive resumes in music. In the Beverages industry, Ken Uptain has 5,793 colleagues in 450 companies located in 70 countries. Continuity is really critical for the team. The company’s roots began in 1998, when founder, Ken Uptain was first introduced to alkaline water and the ionization technology developed in Japan and felt an immediate benefit on his body. As hed expected, widening public perception and popular health trends made the American market more receptive to an alternative bottled water. We have about 56 percent market share of alkaline water in the country.. Not surprisingly, Uptain was exhausted. I played a lot of golf, I played in the stock exchange, I remodeled my house.. Track your investments 24 hours a day, around the clock from around the world. Ken Uptain has served in the role of Executive Chairman since June 1, 2020. Overview Latest news Net worth summary Biography Relative value View FREE Public Profile & Reputation for Kenneth Uptain in Othello, WA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth You have permission to edit this article. 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Prior to joining Tampico, he spent time in various roles at Dr Pepper Snapple and in both frontline and management positions at PepsiCo Bottling. Miller said he is looking forward to returning to his roots in DSD, he said, having spent his career on the customer relationship side of the business. Working at Essentia is energizing and empowering. We havent found anybody in the world who has a study like weve done, Uptain said. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. I know we watch all the numbers and weve done really well, he said, acknowledging that a slowdown in May and June after a period of stocking up. Overnight on Wall Street is daytime in Asia. Taste Radio Ep. Uptain was hooked right away. However, during this time, he had been introduced to something that was helping him regain some of that lost energy alkaline water. In recent years, however, a new bottled water category has emerged: alkaline water, and its a segment within the market that Bothell-based Essentia currently dominates. Upon its launch in 1998, few could have predicted the runaway success of alkaline water brand Essentia, including the companys founder and CEO Ken Uptain. In a clinical study conducted in 2016, Essentia was shown to be better at rehydrating2. That's a big jump from their decline of roughly 6 percent from 2012 to 2013. 10:30 a.m. Teasing finance guru Thomas Nguyen (right) about how I'm going to win our fantasy football league next year Ken Uptain, our founder and CEO, loves to join in on the troublemaking. The second best result is Kenneth Michael Uptain age 30s in Weatherford, TX. 2:10: Interview: Ken Uptain, Founder/CEO, Esssentia BevNET Managing Editor Ray Latif sat down with Uptain who discussed his journey from real estate developer to bottled water entrepreneur. Essentia Waters roots began in 1998. This personal experience ignited his interest to bring the product to consumers in the United States and subsequently acquire the rights to use the proprietary technology. The son of a contractor and a graduate of Bothell High School, Uptain chose to bypass college, knowing that a career in construction would be part of his future. It Starts Here And There. [emailprotected]com. He decided to let the company incubate until the market was ready. Many health and grocery stores carry the water, and its readily available online. Premium water company Essentia has hired an investment bank to run an auction for the company, sources familiar with the matter told CNBC, and it could fetch $500 million or more in a sale. Check Full Reputation Profile Ken has blazed an amazing trail over the years, building Essentia into a brand that consumers love and identify with in their everyday lives that can be seen through its quarter-over-quarter, year-over-year momentum. 2,526 executive movements have been recorded in the last 12 months. In an interview included in this episode, he says that he continues to run the company the same way he has for years, leading via delegation, trust and instinct. And while we all start somewhere, with Essentia theres no limit to where we can go. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. 150, Over the next 10 years, a small team of employees took orders and provided customer support. At the time, Holsworth, used a machine in his office to make his own alkaline water for his family practice patients. He was impressed by the pH level that Essentia Water achieved, and reached out to Uptain in 1998 to get involved. In the first quarter of this year, the brand generated $74 million in measured retail sales, compared to $53 million in Q1 2019, with sales up close to 70% in March alone. Uptain, now 63, had just retired from a career selling real estate in Seattle. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. "All the wining and dining I did, and traveling," he said. At one point I was a construction worker who drank water right out of a garden hose. Newton, MA 02462, (617) 630-2400 Essentias premium ionized alkaline water, known for its clean smooth taste, can be found in more than 90,000 retail locations across the U.S., as well as online retailers. to see possibly who they are and full class lists found from school records and public sources. Brand ambassadors, who attend marathons and health events, introduce potential customers to the product. This personal contact and word of mouth has become instrumental in growing the brand. Essentia is the latest upstart beverage brand to put itself up for sale, hoping to take advantage of the big prices large corporations have been willing to shell out for growth they can't create on their own. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. To learn more about Essentia and ongoing initiatives, or to find a retailer near you, please visit essentiawater.com. Now, his patients cant get enough of it. The water didnt sparkle or contain any exotic flavors. 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His engineering team improved and refined the process for mass production and incorporated a proprietary mineral blend, resulting in Essentias ionized alkaline water the first offered in the U.S. After a long and resilient journey of nearly two decades to bring Essentia water to retailers across the country, Ken and his hard-working, overachieving team reached a major milestone. Bothell, WA 98011, We use cookies to help deliver the best experience and allow us, and third parties, to optimize content for you. Check Full Reputation Profile Founders Founder and CEO Ken Uptain Essentia We all start somewhere. Scott joined with a bold vision of expansion for Essentia: To become the #1 premium bottled water globally. The water brand, which has a proprietary ionization process it claims provides better hydration, has roughly $100 million in revenue, the people said. Links are provided for reference only and MyLife.com does not imply any connection or relationship between MyLife.com and these companies. For other inquiries email BMuyco@usabusinessradio.net. But All The Ingredients Matter. Get this delivered to your inbox, and more info about our products and services. . Estano has received several awards for his work . It surprises me because we havent done any marketing here in Seattle. Markets never sleep, and neither does Bloomberg. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. Its proprietary ionization process removes acidic ions, making its drinks. Were all encouraged to be Owners in our respective areas and disciplines; and not only have I become a subject matter expert, but I can also confidently speak to it. GDPR INFORMATION Lynnwood sisters, Kelly and Nichole Matthews, got their big break a decade ago and now draw comics full time. The change is effective June 1. I felt burnt out, he said. After 22 years running the company, Uptain said he found himself slowing down, but also reevaluating how he can best support Essentias growth. We really just connected as two guys caring about people and putting people first, he said. I couldnt believe how good it made me feel, Uptain said. Courtesy Of MN Custom Homes Read moreHome of the Month. View court, arrest, criminal/conviction Along with his background in sales, he said Millers experience building Tampico into an international brand will help with Essentias own global ambitions. Essentia doesnt release sales numbers, but the company did say it expects to grow 90 percent in the next year. Three Executive Park Drive, Suite 304 At Essentia, we believe a better you starts with a better water. Timing and more generally, making good decisions is one of many lessons Uptain said hes learned over the span of his career. Boston, MA 02210, (781) 208-7375 Ken is related to Javette L Uptain and Joseph Perry Uptain as well as 3 additional people. The executive leadership change comes after Essentias most successful quarter yet with $74 million in measured retail sales and 2019 milestones such as being named BevNETs Best of 2019 Brand of the Year.. Essentia hires Credit Suisse to lead a sale of the company. The leadership changes will take effect June 1, 2020. Holsworth was brought on board to study and develop the product. On this week's episode of IDEA GENERATION, Scooter Braun takes us on a journey from his days as a college dropout and party promoter in Atlanta, to becoming one of the most successful music executives on the planet. Friends, Neighbors, or Classmates. By 2017, Essentia water, fueled by a passionate following of loyal consumers, became the top selling premium bottled water brand and #1 ionized alkaline water brand in the natural foods retail channel! This personal experience ignited his interest to bring the product to consumers in the US and eventually acquire the rights to use the proprietary . We like to walk the talk. For information on sponsored posts, advertising, or our content in general, email articles@usabusinessradio.net. I just love this area.. What information about Kenneth are you looking for? 2023 CNBC LLC. 7, 2020 at 3:00 pm. See And a Car. The companys time had arrived and in early 2020, Ken appointed beverage industry veteran, Scott Miller as the companys Chief Executive Officer to lead Essentia through its next major growth stage and brand evolution. The Edmonds gathering celebrates women and diversity with this years theme, EmbraceEquity.. Our mission is to improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. Headquartered in Bothell, WA, Essentia Water, LLC pioneered ionized alkaline water in 1998 and is known for its unique ionization process. to see possible education history including where and when they attending high school and college, and a complete list of his high school class list. He also spoke about his leadership style and the companys culture, why all potential employees have to pass Kens Good Guy Test, and the one thing hell never share with his team. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. Find Ken Uptain's phone number, address, and email on Spokeo, the leading online directory for contact information. Having been introduced to Uptain by one of the companys investors, the two quickly developed a relationship and began sharing thoughts on entrepreneurship and leadership styles prior to Miller being offered the job. We want to hear from you. BOTHELL, Wash.-- ( BUSINESS WIRE )--Essentia Water, the pioneer of ionized alkaline bottled water in the U.S., today announced that founder and CEO Ken . Ken Todd, born Kenneth Todd, is a retired English footballer who scored 11 goals in 52 games . A 10-year ramp up would make most businesses question their product. A lot of people who go into business have visions of grandeur A lot of folks just need to manage those expectations and look at things from a little bit longer point of view. He remains the companys largest shareholder. Data is a real-time snapshot *Data is delayed at least 15 minutes. Today, there are 52 employees located throughout the country, with plans to hire an additional 15 more this year. Uptain admits that the brands remarkable growth has surprised him, yet Uptain, a mild-mannered and reserved man who was semi-retired when he launched Essentia, is taking success in stride. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Subscribe to our newsletter for access to exclusive content, giveaways and more. We are really coming out of this in good shape, compared to a lot of people in the country.. I realized I was pushing this thing uphill, and decided to scale back and take orders., In the meantime, he made the most out of his retirement. Back then, everything was mountain, glacier, and spring-sourced waters, Uptain said. The success of Essentia is in the science. "My health wasn't good." How can you not be energized when your company makes the worlds best ionized alkaline water? This includes developing and implementing strategic objectives; leading and motivating the company's executive, finance and sales teams; overseeing growth initiatives; and providing direction for Essentia's overall brand essence. Every county in the country is covered by someone selling Essentia, Uptain said. Identifying Next-Gen Prime Time Brands. Meet the founders behind the hottest new brands. Sign up for free newsletters and get more CNBC delivered to your inbox. This section can be locked, requiring permission to I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. BOTHELL In 1997, Ken Uptain was handed a bottle of water that changed his life. # 42 Ken Griffin $30.2B Random fact: Gained 20 pounds after his funds lost $9 billion in 2008. My health wasnt good.. The people I see go out of business, never manage their expectations. We dont overpromise and underdeliver as a company. Its the #1 alkaline water brand and the #1 selling bottled water brand in the natural channel1. Seattle has become the third largest market for Essentia, which has headquarters at 22833 Bothell Everett Highway, Suite. So much so that I retired from being semi-retired and started learning everything I could about ionization. At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. 2023, Everett Herald and Sound Publishing, Inc. Advertising in The Herald Business Journal, Women business owners in Snohomish, Island counties make their mark, Edmonds International Womens Day takes place Saturday, Malicious Women Co: She turned Crock-Pot candles into a sassy venture, Drawing interest: Twin sisters never gave up on making their mark, The Wool Wagon to hit the streets of Whidbey Island, With 747 out, Boeing to open new 737 Max line at Everetts Paine Field, Quantum computing firm IonQ to open Bothell R&D center, Growing green mushrooms in downtown Everett, Barb Lamoureux, North Everetts Real Estate Agent retires, By Megan Brown For The Herald Business Journal, You can tell us about news and ask us about our journalism by emailing, If you have an opinion you wish to share for publication, send a letter to the editor to. I think this will be a billion dollar brand and I think we need somebody to come in to help it get there, he said. 310.775.7635 (mobile), Ashley Short Bothells Essentia Water founder and CEO Ken Uptain said he expected the American market more receptive to an alternative bottled water. What Could Elon Musk Possibly Be Thinking? We really didnt have brand ambassadors until just a few months ago, he said. The company is working with Credit Suisse for the sale, the people said. Hed been introduced to alkaline water, which is specially filtered and formulated to improve pH. For example, a dehydrated persons blood viscosity may appear similar to that of ketchup, whereas the blood of a hydrated person is more like wine. Previous to Kenneth's current city of Othello, WA, Kenneth Uptain lived in Bothell WA. The ones I see stay in business and be successful, manage them. In his 15 years there, Scott has led the company through innovative product expansions, provided global strategic insight, and built a strong Executive Leadership Team along with a culture of empowerment. In honor of Womens History Month, we spotlight three local business owners. Learn more about Believe+ which focuses on meaningful contributions to our communities. Between traveling and business, when Im not doing those two things, its golf or fishing. But its kind of what we do. He brings deep-rooted knowledge of the beverage space and experience in leading brands through domestic and international expansion while emphasizing culture as a force for good, according to the release. In 2008, Uptain crept back out of his semi-retirement. Also known as Kenny M Uptain . So much for retirement. Essentia Water is bottled in suave, black and red 1-liter bottles. He will keep the family culture of Essentia that we have today, he said. 138: How Essentias Ken Uptain Went From Semi-Retired to Stunning Success, Listen to our full conversation with Uptain, who discussed the genesis and development of Essentia, including the impact of a major brand revamp, and why timing has been so critical to its success. At one point I was a construction worker who drank water right out of a garden hose. The decision closes a long chapter for the Seattle-based ionized alkaline water brand, with Uptain, the companys owner, having risen as an early pioneer in the space to a category leader, generating $286 million in measured retail sales last year. A type of treated, purified water that uses an electric current to separate acidic ions from alkaline ions, it is believed to provide a variety of health benefits. The first ionized alkaline bottled water offered in the United States, Essentias philosophy is that a better you starts with a better water. When I launched the brand in June of 1998, within a year I realized that the product was ahead of its time, and that the consumer wasnt ready for a product like ours, Uptain said. By age 22, he had saved up enough money to start his own construction company, and less than 15 years later found himself as the CEO of a successful, international, publicly traded real estate firm. Social media wall MyLife aggregates publicly available information from government, social, and other sources, plus personal reviews written by others. Although Uptain is thrilled with Essentias success, he doesnt seem surprised. Find Kenneth Uptain's phone number, address, and email on Spokeo, the leading people search directory for contact information and public records. Ken Uptain, Essentia Water LLC: Profile and Biography - Bloomberg Markets Live Now Bloomberg TV+ Bloomberg Studio 1.0: Katie Haun, Haun Ventures CEO & Founder Bloomberg Radio. One day, a friend brought me a sample of ionized water. I am fully confident that Scott, who is a seasoned CEO in the food and beverage industry, has the strong experience and track record to achieve this vision and lead the company into its next big growth stage.. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. Kenneth maintains relationships with many people -- family, friends, associates, & neighbors -- including Larry Briggs, Allan Adsitt, Jack Radonski, Sigrid Hardtke and Marland Drake. Reviews help A self-described professional yarn temptress from Coupeville is setting up shop in a modified truck. Though it took patience, Uptain said he never lost faith. Musks TeslaMaster Plan Lacks Drive. Sales in the category grew at a rate of roughly 6 percent from 2016 to 2017, according to Euromonitor. And business, when Im not doing those two things, its ken uptain net worth or fishing ready! 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