ken uptain net worth
But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. The best result we found for your search is Ken Uptain age 50s in Phoenix, AZ. A self-described professional yarn temptress from Coupeville is setting up shop in a modified truck. Kenneth is related to Michael Clyde Uptain and Amy Uptain as well as 3 additional people. A 10-year ramp up would make most businesses question their product. Bothells Essentia Water founder and CEO Ken Uptain said he expected the American market more receptive to an alternative bottled water. Ken is related to Javette L Uptain and Joseph Perry Uptain as well as 3 additional people. Speaking with BevNET, Miller said he was humbled, honored and privileged to be joining Essentia. Subscribe to our newsletter for access to exclusive content, giveaways and more. The second best result is Kenneth Michael Uptain age 30s in Weatherford, TX. businesses, and does affect the Reputation Score. He decided to let the company incubate until the market was ready. Were twice as big as the nearest competitor, Uptain said. You have permission to edit this article. Taste Radio Ep. This may contain information such as company name, job title, address, and time period of service. 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. people learn more about others, just like Yelp does for Who's Searching for You, Relatives, Associates, Neighbors & Classmates, Lawsuits, Liens or Bankruptcies found on Kenneth's He launched the Bothell-based Essentia Water the following June, in 1998. By continuing, you agree to our cookie policy. This site is protected by reCAPTCHA Enterprise and the Google, Believe+ Corporate Social Responsibility Platform. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. I make a point not to change, said Uptain. Social media wall And while we all start somewhere, with Essentia theres no limit to where we can go. And so Im always hearing that being very consistent is so important.. Sales in the category grew at a rate of roughly 6 percent from 2016 to 2017, according to Euromonitor. The Remedy For Modern Brands? 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. And it all started with one idea. It is part of the hot "functional water" category, with competitors like Core Hydration and Lifewtr. Lessons From a CEO: Ken Uptain of Essentia, s a consumer, there are countless options when it comes to choosing bottled water: glacial, spring, mineral, sparkling, flavored, etc. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. Timing and more generally, making good decisions is one of many lessons Uptain said hes learned over the span of his career. I couldnt believe how good it made me feel, Uptain said. KeVita, a kombucha drink that claims to improve digestive health, sold to PespiCo in 2016 for an undisclosed amount. It wasnt until August 2008 that Uptain found himself thinking, Its time., Fast forward to 2018, and Essentia is the leading alkaline water brand in the country. 2,526 executive movements have been recorded in the last 12 months. After two decades on the market, Essentia has developed into a premier bottled water brand that is nearing $180 million in annual retail sales, numbers that have attracted rumors of a potentially colossal exit. It Starts Here And There. How can you not be energized when your company makes the worlds best ionized alkaline water? GDPR INFORMATION A longtime supporter of Housing Hope, Lamoureux helped launch the Windermere Foundation Golf Tournament. Between traveling and business, when Im not doing those two things, its golf or fishing. Water brands that tout special attributes like low acidity or added electrolytes have seen a resurgence in recent years amid the popularity of Coca-Cola-owned Smartwater and Core Hydration, in which Dr Pepper is an investor. Essentia water is currently available in every state in the United States. (Podcast). Building that relationship is part of Uptains personal philosophy. This is a Company that truly celebrates, uplifts, and gives a voice to the underdog!, 18911 North Creek Parkway, Ste. Beverage companies in 2017 fetched an average valuation of 16 times earnings before interest, taxes, depreciation and amortization, according to Dealogic a six-year high. 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.. However, during this time, he had been introduced to something that was helping him regain some of that lost energy alkaline water. The company has grown to the point where it needs more structure than Uptain, who identifies as an entrepreneur, could provide. 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. I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. Live market coverage co-anchored from Hong Kong and New York. Its special characteristic was pure science: a high pH level, promising better hydration. Neal Estano is a meteorologist who works at WNYT, a television station in Albany, New York. Essentia Water They have also lived in Clearfield, UT and Salt Lake City, UT. 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Friends, Neighbors, or Classmates. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. Company founder and current CEO Ken Uptain to transition to Executive Chairman role. 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. This episode is presented by. I met with experts locally and globally, including Dr. Hanaoka in Japan who discussed with me his research and thoughts on the rehydration potential of ionized water. Newton, MA 02462, (617) 630-2400 View FREE Public Profile & Reputation for Kenneth Uptain in Othello, WA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth Alkaline water was gaining popularity in Japan and a handful of other countries around the globe, but it had not yet been introduced to the United States. records, Lawsuits, Liens, Bankruptcies & sex offender status for Kenneth Uptain. A marker used in evaluating a persons hydration or dehydration level, blood viscosity changes depending on how hydrated a person is. Its the #1 alkaline water brand and the #1 selling bottled water brand in the natural channel1. 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. Essentia Water announced today that founder and CEO Ken Uptain will be shifting into a new role as the companys Executive Chairman, with Scott Miller, CEO of Tampico Beverages, chosen as his successor. 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. What information about Kenneth are you looking for? Since 1998, Ken has managed the vision and top-level business side of Essentia Water. Uptain, now 63, had just retired from a career selling real estate in Seattle. This personal experience ignited his interest to bring the product to consumers in the US and eventually acquire the rights to use the proprietary . Essentia Water is bottled in suave, black and red 1-liter bottles. Meet the founders behind the hottest new brands. 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. In Payments, Like Geopolitics, India Seeks a Third Way, Subaru, Nintendo Step Up for LGBTQ Workers in Conservative Japan, Visitors Flock to Macau Again, But Its Gambling Dependence Draws Beijings Ire, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, UK Mothers Say It No Longer Makes Financial Sense to Work, Starbucks Illegally Fired 6 New York Union Activists, Judge Rules, Musk Tamps Down Speculation That Tesla Will Mine Lithium, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. Although Uptain is thrilled with Essentias success, he doesnt seem surprised. Subscribe to our newsletter for access to Stop for Nothing: An Artist Discovery Series presented by Essentia and Interscope Records. 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. Dan recently interviewed Ken Uptain, founder and CEO of Essentia Water. Copyright 2023 Stride Consumer Partners. Pretty photos of snow-capped mountains on the label no longer cut it. It was already viewed 3 The Professional Career of Ken Todd. He has been with the station for over 30 years and is known for his expertise in forecasting the weather in the region. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. After 22 years running the company, Uptain said he found himself slowing down, but also reevaluating how he can best support Essentias growth. If [my employees] look at me and Im not happy or not in a good mood, its a big deal. info@castaneapartners.com. We dont overpromise and underdeliver as a company. What Could Elon Musk Possibly Be Thinking? Porter Novelli Kenneth maintains relationships with many people -- family, friends, associates, & neighbors -- including Larry Briggs, Allan Adsitt, Jack Radonski, Sigrid Hardtke and Marland Drake. Lacie Marsh-Carroll is rekindling her Snohomish candle company with new designs and products. I think its important never to lose that, he said. The brand is now distributed in nearly 90,000 retailers across the United States. And while we all start somewhere, with Essentia theres no limit to where we can go. Now, his patients cant get enough of it. 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. And were starting to get talked about a lot.. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Founders Founder and CEO Ken Uptain Essentia We all start somewhere. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. Despite the disruption caused by the global COVID-19 pandemic, Uptain said the companys strong performance made him confident that the time was right to make a change in leadership. View court, arrest, criminal/conviction Uptain was only in his mid-40s when he retired. Also known as Kenny M Uptain . So much for retirement. As far as production, Essentia outsources the work to three bottled beverage co-packers, one each in California, Texas and New Jersey, and is actively seeking additional plant capacity in the Pacific Northwest and the southeast U.S. 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. 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. 332 Congress Street, 5th Floor So much so that I retired from being semi-retired and started learning everything I could about ionization. Its Believe+ Corporate Social Responsibility Platform, stands for a commitment to better ourselves, our society and our environment. government sources. 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. The first ionized alkaline bottled water offered in the United States, Essentias philosophy is that a better you starts with a better water. Essentia Waters roots began in 1998. View Kenneth Uptain results in Texas (TX) including current phone number, address, relatives, background check report, and property record with Whitepages. We shared a lot of common dialogue and had similar alignment in our thinking.. Along with his background in sales, he said Millers experience building Tampico into an international brand will help with Essentias own global ambitions. Since the last 747 rolled out of the factory, speculation has been rife that Boeing might move some 737 Max production to Everett. So much for retirement. A more adventurous consumer led to a boost in popularity of alkaline water, artisan-well water, mineral water and sparkling water. Check Full Reputation Profile Because MyLife only collects this data and does not create it, we cannot fully guarantee its accuracy. For other inquiries email BMuyco@usabusinessradio.net. Learn more in our Privacy Policy. However, municipal water just doesnt sound as romantic as glacial spring water. At Essentia, we believe a better you starts with a better water. In addition to growth, Uptain repeatedly returned to the subject of company culture in discussing Millers appointment. Select this result to view Ken Uptain's phone number, address, and more. Ken Uptain has served in the role of Executive Chairman since June 1, 2020. Data is a real-time snapshot *Data is delayed at least 15 minutes. For the past 52 weeks, Essentia has recorded more than $136 million in retail measured sales with 84% growth . Uptain was hooked right away. 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. Before Uptain started a career in the beverage industry, he made a successful living working in construction and real estate. 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. 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. The leadership changes will take effect June 1, 2020. 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. 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. . Who's Searching for You, Look Your Best to People Searching for You. Overview Latest news Net worth summary Biography Relative value Ashley.Short@porternovelli.com 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.. When founder Ken Uptain was first introduced to alkaline water and the ionization technology developed in Japan, he felt an immediate benefit on his body. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. 5 Relationship, Married, Affair. Three Executive Park Drive, Suite 304 I played a lot of golf, I played in the stock exchange, I remodeled my house.. At one point I was a construction worker who drank water right out of a garden hose. Check all background information that MyLife has gathered. In his new role as Executive Chairman, Uptain will continue to work with Essentias senior management team, while also shifting into more of an ambassadorial role with the brand. 2. A Division of NBCUniversal. Overnight on Wall Street is daytime in Asia. 2023 CNBC LLC. 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. His 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, position him to be a strong leader for Essentia as it enters into a new decade of growth and leadership as a premium water brand. The ones I see stay in business and be successful, manage them. I dont think I would live anywhere but the Seattle market, he said. 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. In 2008, Uptain crept back out of his semi-retirement. Why? Uptain discovered that when the product launched, the public wasnt interested in experimenting with their water just yet. 1. He remains the companys largest shareholder. Reviews help See Change, Not Compromise, Is The Way. Uptain lives in Bothell with his wife, Cathy, and has no plans to relocate Essentia Water headquarters. And we dont want to say we feel like it hydrates you better unless we can prove it, which we did.. The Edmonds gathering celebrates women and diversity with this years theme, EmbraceEquity.. Though it took patience, Uptain said he never lost faith. This episode is presented by Blue Pacific Flavors. So much so that I retired from being semi-retired and started learning everything I could about ionization. But All The Ingredients Matter. 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. Hed been introduced to alkaline water, which is specially filtered and formulated to improve pH. 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, Uptain said in a press release. For information on sponsored posts, advertising, or our content in general, email articles@usabusinessradio.net. 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. Join Facebook to connect with Kenneth Uptain and others you may know. Todays bottled water brands need to satisfy taste buds to attain loyal customers. 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. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. Scott guided and supported its most pivotal point thus far: the acquisition by Nestl USA in March 2021 when Essentia joined its premium water portfolio, strengthening its position for long-term profitable growth. 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