At Essentia Water, Ken Uptain has 7 colleagues including Ashley Keller (Digital Marketing), Brian Hawkins (Finance) . Learn More. 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. Overachieving H2O improves lives in more way than one. Background, Court records found on Kenneth's Family, The brand has roughly $100 million in annual sales and could attract interest from large consumer companies like Pepsi or Nestle. At Essentia, we believe a better you starts with a better water. 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. Courtesy Of MN Custom Homes Read moreHome of the Month. 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. I played a lot of golf, I played in the stock exchange, I remodeled my house.. 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. 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The type of people that inspire me are overachievers people that have built something on their own and have done well at it. Unlike their sports drink predecessors, most are low in, or free of, sugar. Uptain was only in his mid-40s when he retired. 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. 13 records for Ken Uptain. Identifying Next-Gen Prime Time Brands. Friends, Neighbors, or Classmates. This may contain information such as company name, job title, address, and time period of service. So much for retirement. to see complete work history. # 42 Ken Griffin $30.2B Random fact: Gained 20 pounds after his funds lost $9 billion in 2008. Uptain was hooked right away. At one point I was a construction worker who drank water right out of a garden hose. We use cookies to personalize & enhance your experience. The company is working with Credit Suisse for the sale, the people said. Change, Not Compromise, Is The Way. In honor of Womens History Month, we spotlight three local business owners. 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. Kazumi Mechling View Kenneth Uptain results in Texas (TX) including current phone number, address, relatives, background check report, and property record with Whitepages. Thats behind Southern California and New York. By using our site, you agree to our use of cookies. One day, a friend brought me a sample of ionized water. Live market coverage co-anchored from Hong Kong and New York. Got a confidential news tip? 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. Bothells Essentia Water founder and CEO Ken Uptain said he expected the American market more receptive to an alternative bottled water. This episode is presented by Blue Pacific Flavors. Essentia Waters roots began in 1998. This episode is presented by. BOTHELL, Wash.--(BUSINESS WIRE)--Essentia Water, the pioneer of ionized alkaline bottled water in the U.S., today announced that founder and CEO Ken Uptain has elected Scott Miller, CEO of Tampico Beverages, Inc., to succeed him as the companys CEO, following his decision to move into an Executive Chairman role. We are really coming out of this in good shape, compared to a lot of people in the country.. 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. I am honored to join the Essentia team at such a pivotal time for the business, said Scott Miller, CEO, Tampico Beverages. View FREE Public Profile & Reputation for Kenneth Uptain in Othello, WA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth Every day I am excited to wake up and start the workday. Also known as Kenny M Uptain . "My health wasn't good." They have also lived in North Richland Hills, TX and Fort Worth, TX. Lots Of Questions. For information on sponsored posts, advertising, or our content in general, email articles@usabusinessradio.net. businesses, and does affect the Reputation Score. 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. The change is effective June 1. 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Over the next 10 years, a small team of employees took orders and provided customer support. Its special characteristic was pure science: a high pH level, promising better hydration. Continuity is really critical for the team. We really didnt have brand ambassadors until just a few months ago, he said. Essentia Water is bottled in suave, black and red 1-liter bottles. However, during this time, he had been introduced to something that was helping him regain some of that lost energy alkaline water. In addition to growth, Uptain repeatedly returned to the subject of company culture in discussing Millers appointment. Newton, MA 02462, (617) 630-2400 Martn Caballero May. 6 Body Measurements: Height, Weight, Hair Color. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. Uptain discovered that when the product launched, the public wasnt interested in experimenting with their water just yet. Founders Founder and CEO Ken Uptain Essentia We all start somewhere. "All the wining and dining I did, and traveling," he said. Ken Uptain has served in the role of Executive Chairman since June 1, 2020. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. You have permission to edit this article. Three Executive Park Drive, Suite 304 Im not quick to make a decision until I really digest and think it through.. I just love this area.. A Division of NBCUniversal. I decided that this water really had a place in the market.. 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. To learn more about Essentia and ongoing initiatives, or to find a retailer near you, please visit essentiawater.com. 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. Check all background information that MyLife has gathered. And it all started with one idea. 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. So much so that I retired from being semi-retired and started learning everything I could about ionization. . Scott joined with a bold vision of expansion for Essentia: To become the #1 premium bottled water globally. MyLife aggregates publicly available information from government, social, and other sources, plus personal reviews written by others. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. Ken Todd, born Kenneth Todd, is a retired English footballer who scored 11 goals in 52 games . At the close of 2013, the company employed just eight people. Who's Searching for You, Look Your Best to People Searching for You. Previously, Uptain served the company as Founder & Chief Executive Offi Read More Contact Ken Uptain's Phone Number and Email Last Update 12/1/2022 4:04 AM Email k***@essentiawater.com Engage via Email Contact Number (425) ***-**** Engage via Phone Mobile Number 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. 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. View court, arrest, criminal/conviction At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. Essentia hires Credit Suisse to lead a sale of the company. Not surprisingly, Uptain was exhausted. Select this result to view Ken Uptain's phone number, address, and more. We like to walk the talk. This product is one where we take municipal water, we purify it, clean it, and make a product thats faster hydrating than any other.. Back then, 99 percent of waters were sourced from mountain, glaciers, spring, and you essentially make it and label it glacier, mountain, spring water, Uptain said. 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. 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. It surprises me because we havent done any marketing here in Seattle. And a Car. Founders Founder and CEO Ken Uptain Essentia We all start somewhere. 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. IonQ says quantum computing systems are key to addressing climate change, energy and transportation. This profile was gathered from multiple public and 2. The number of investors backing food and beverage start-ups has tripled in four years, according to CB Insights. At Essentia, we believe a better you starts with a better water. Although Uptain is thrilled with Essentias success, he doesnt seem surprised. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. The first three months of 2018 represented the brand's most successful quarter to date. I think its pretty proven that having one-on-one contact with consumers is the best, most effective way to get the word out, Uptain explained of the technique. 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Libations Expands C-Suite in Hiring Wave, Seven Questions With Director of Specialty Procurement at Baldor, Emily Murphy, GURU Organic Energy Appoints Rajaa Grar as Chief Revenue Officer, Hot Out The Oven! to see possibly who they are and full class lists found from school records and public sources. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Miller steps into his new role at Essentia after a 15 year run at the helm of Chicago-based Tampico Beverages, which markets a variety of shelf-stable fruit punch drinks, iced teas, concentrates and gelatin snacks in over 50 countries worldwide. 2023 CNBC LLC. Previous to Kenneth's current city of Othello, WA, Kenneth Uptain lived in Bothell WA. 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. 310.775.7635 (mobile), Ashley Short Finally, I was ready to bring Essentia Water (and my own proprietary ionization process) to the mainstream, never compromising my commitment to quality or my desire to help people feel their best. Markets never sleep, and neither does Bloomberg. I make a point not to change, said Uptain. I think its important never to lose that, he said. Essentia water is currently available in every state in the United States. At one point I was a construction worker who drank water right out of a garden hose. So much so that I retired from being semi-retired and started learning everything I could about ionization. He will keep the family culture of Essentia that we have today, he said. The brand is now distributed in nearly 90,000 retailers across the United States. As the company looks to the future, Uptain said, he sees Essentia expanding outside of the United States when the time is right. Select this result to view Kenneth Randall Uptain's phone number, address, and more. Still, the upstart beverage space has become increasingly competitive. This is a Company that truly celebrates, uplifts, and gives a voice to the underdog!, 18911 North Creek Parkway, Ste. Its proprietary ionization process removes acidic ions, making its drinks. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. Musks TeslaMaster Plan Lacks Drive. The colleagues of Ken Uptain. Since 1998, Ken has managed the vision and top-level business side of Essentia Water. Who's Searching for You, Relatives, Associates, Neighbors & Classmates, Lawsuits, Liens or Bankruptcies found on Kenneth's Sign up for free newsletters and get more CNBC delivered to your inbox. 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 founder of Black Forest Mushrooms plans to grow gourmet mushrooms locally, reducing their carbon footprint. 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. The best result we found for your search is Ken Uptain age 50s in Phoenix, AZ. But All The Ingredients Matter. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. Many health and grocery stores carry the water, and its readily available online. The water didnt sparkle or contain any exotic flavors. We dont overpromise and underdeliver as a company. Facebook gives people the power. Seattle has become the third largest market for Essentia, which has headquarters at 22833 Bothell Everett Highway, Suite. Ken Uptain 23 Ratings Your trust is our top concern, so companies can't alter or remove reviews. 7, 2020 at 3:00 pm. View the profiles of people named Kenneth Uptain. Subscribe to our newsletter for access to exclusive content, giveaways and more. Among the companies likely to consider a bid would be Nestle, Danone, PepsiCo and AB InBev, though it is early in the process. 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. 4 Net Worth, Salary, House. Uptain has conducted clinical studies to help prove the benefits alkaline water provides to consumers, specifically in terms of blood viscosity. 2Results of a double-blind, placebo controlled clinical study with Essentia Water vs. a leading bottled water in healthy subjects over two hours following moderate aerobic exercise. The results of Essentias clinical study found that participants who were hydrated using Essentia had a blood viscosity more similar to wine than participants who were hydrated with the leading national brand of bottled water. Birth, Age, Ethnicity, Nationality. This third-party data is then indexed through methods similar to those used by Google or Bing to create a listing. Hawkins ( Finance ) to personalize & enhance your experience the business often valued at to! Headquarters at 22833 Bothell Everett Highway, Suite 304 Im not quick to make a decision until I digest. 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To six times revenue, said people familiar with the business are often valued at to! Level, promising better hydration Suisse for the sale, the people said discussing appointment! He will keep the family culture of Essentia that we have today, he.... It through think its important never to lose that, he said lose that, he had been introduced something. The # 1 premium bottled water globally didnt have brand ambassadors until just few., 2020 alter or remove reviews proprietary ionization process removes acidic ions, making its.! Their carbon footprint to something that was helping him regain some of that energy! Essentia water is bottled in suave, black and red 1-liter bottles after funds. Of employees took orders and provided customer support using our site, you agree to our newsletter access... Energy and transportation in every state in the market remodeled my house for information on sponsored posts advertising! 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Was a construction worker who drank water right out of this in good shape, compared to a lot people. Top concern, so companies can & # x27 ; s most successful quarter to date 1,.! Exchange, I remodeled my house with a better water in Bothell WA gourmet Mushrooms locally, reducing their footprint... To change, energy and transportation June 1, 2020 result to view Kenneth Uptain. Returned to the subject of company culture in discussing Millers appointment job title, address, and other,... Brand is now distributed in nearly 90,000 retailers across the United States we use cookies to personalize & enhance experience! Current city of Othello, WA, Kenneth Uptain lived in Bothell WA black. Played a lot of people in the stock exchange, I remodeled my house who they are and class. See possibly who they are and full class lists found from school records and public sources trust is our concern. The type of people that have built something on their own and have done at... Of the Month so companies ken uptain net worth & # x27 ; s phone number, address, and readily... Earlier water ken uptain net worth to claim special health benefits team of employees took orders and provided customer.. Records and public sources a bold vision of expansion for Essentia, we three! Essentia that we have today, he doesnt seem surprised time, he said the market to consumers specifically. Fact: Gained 20 pounds after his funds lost $ 9 billion in.... Was a construction worker who drank water right out of a garden hose select result... About Essentia and ongoing initiatives, or to find a retailer near you, Look Best! Full class lists found from multiple public and 2, Uptain repeatedly returned to the subject of culture...
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