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. By continuing, you agree to our cookie policy. This personal contact and word of mouth has become instrumental in growing the brand. "My health wasn't good." Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. 6 Body Measurements: Height, Weight, Hair Color. Hed been introduced to alkaline water, which is specially filtered and formulated to improve pH. So much for retirement. 949.573.3565 (mobile), Internet Explorer presents a security risk. 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. 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. 7, 2020 at 3:00 pm. Also known as Kenny M Uptain . They have also lived in Clearfield, UT and Salt Lake City, UT. Lots Of Questions. Check Full Reputation Profile government sources. 2. This may contain information such as company name, job title, address, and time period of service. He was impressed by the pH level that Essentia Water achieved, and reached out to Uptain in 1998 to get involved. Lived In Fort Worth TX, North Richland Hills TX. Its special characteristic was pure science: a high pH level, promising better hydration. Since the last 747 rolled out of the factory, speculation has been rife that Boeing might move some 737 Max production to Everett. Overview Latest news Net worth summary Biography Relative value Along with his background in sales, he said Millers experience building Tampico into an international brand will help with Essentias own global ambitions. Uptain explained why he incubated Essentia for years before pressing the gas on retail and distribution in 2012, and why the development of direct store . Alkaline water has been popular in Japan for decades, but hadnt infiltrated the American bottled water market yet. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. By using our site, you agree to our use of cookies. Got a confidential news tip? This personal experience ignited his interest to bring the product to consumers in the US and eventually acquire the rights to use the proprietary . 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. 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. However, within about one year, he realized the U.S. market wasnt ready for his product. Uptain was only in his mid-40s when he retired. See kmechling@essentiawater.com This site is protected by reCAPTCHA Enterprise and the Google, Believe+ Corporate Social Responsibility Platform. Estano has received several awards for his work . 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. According to Essentias incoming CEO, that means keeping the brands entrepreneurial spirit strong even as it scales. At one point I was a construction worker who drank water right out of a garden hose. 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Facebook gives people the power. As hed expected, widening public perception and popular health trends made the American market more receptive to an alternative bottled water. A 10-year ramp up would make most businesses question their product. Who's Searching for You, Look Your Best to People Searching for You. The water brand, which has a proprietary ionization process it claims provides better hydration, has roughly $100 million in revenue, the people said. I decided that this water really had a place in the market.. The success of Essentia is in the science. Because MyLife only collects this data and does not create it, we cannot fully guarantee its accuracy. The water didnt sparkle or contain any exotic flavors. Essentia doesnt release sales numbers, but the company did say it expects to grow 90 percent in the next year. 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. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. And so Im always hearing that being very consistent is so important.. "All the wining and dining I did, and traveling," he said. Uptain, now 63, had just retired from a career selling real estate in Seattle. We want to hear from you. The brand is now distributed in nearly 90,000 retailers across the United States. And it all started with one idea. Reviews help 2023 CNBC LLC. However, municipal water just doesnt sound as romantic as glacial spring water. The colleagues of Ken Uptain. 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.. Im not quick to make a decision until I really digest and think it through.. At one point I was a construction worker who drank water right out of a garden hose. Continuity is really critical for the team. Every county in the country is covered by someone selling Essentia, Uptain said. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. He will keep the family culture of Essentia that we have today, he said. Yes, Investors Love Healthy Brands. (Podcast). 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. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Over the next 10 years, a small team of employees took orders and provided customer support. I make decisions all day long, and my team knows for example that Id make no decision without all the facts. This third-party data is then indexed through methods similar to those used by Google or Bing to create a listing. 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. Taste Radio Ep. . KeVita, a kombucha drink that claims to improve digestive health, sold to PespiCo in 2016 for an undisclosed amount. So much so that I retired from being semi-retired and started learning everything I could about ionization. Find Ken Uptain's phone number, address, and email on Spokeo, the leading online directory for contact information. Still, the upstart beverage space has become increasingly competitive. Related To Sherri Uptain, Michael Uptain, Latasha Uptain, Katherine Uptain, Amy Uptain. In the Beverages industry, Ken Uptain has 5,793 colleagues in 450 companies located in 70 countries. 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. He has been with the station for over 30 years and is known for his expertise in forecasting the weather in the region. below. Ken Uptain has served in the role of Executive Chairman since June 1, 2020. Its proprietary ionization process removes acidic ions, making its drinks higher alkaline, which the company claims makes it better at rehydration. One day, a friend brought me a sample of ionized water. Post or read reviews for Kenneth Uptain 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. 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. 47 times At Essentia, we believe a better you starts with a better water. They have also lived in North Richland Hills, TX and Fort Worth, TX. Before Uptain started a career in the beverage industry, he made a successful living working in construction and real estate. Scott will work closely with Ken and Essentias current Senior Leadership team, as Ken shifts to Executive Chairman with a new focus on maintaining and building relationships with key Essentia business partners, distributors and retailers. We like to walk the talk. He saw an opportunity and quickly developed the brand Essentia. This section can be locked, requiring permission to 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. To learn more about Essentia and ongoing initiatives, or to find a retailer near you, please visit essentiawater.com. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. What Could Elon Musk Possibly Be Thinking? Were twice as big as the nearest competitor, Uptain said. I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. Ken Uptain 23 Ratings Your trust is our top concern, so companies can't alter or remove reviews. . 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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. At the time, Holsworth, used a machine in his office to make his own alkaline water for his family practice patients. Uptain, now 63, had just retired from a career selling real estate in Seattle. 310.775.7635 (mobile), Ashley Short The type of people that inspire me are overachievers people that have built something on their own and have done well at it. view. Today, Essentias Company Mission is: To improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. We are really coming out of this in good shape, compared to a lot of people in the country.. At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. Not surprisingly, Uptain was exhausted. Track your investments 24 hours a day, around the clock from around the world. As he explored the science used in making alkaline water, he learned it could be produced virtually anywhere in proximity to distribution. At one point I was a construction worker who drank water right out of a garden hose. A marker used in evaluating a persons hydration or dehydration level, blood viscosity changes depending on how hydrated a person is. Friends, Neighbors, or Classmates. Live market coverage co-anchored from Hong Kong and New York. 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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. Uptain has conducted clinical studies to help prove the benefits alkaline water provides to consumers, specifically in terms of blood viscosity. In response to this upswing, PepsiCo last year launched premium water brand Lifewtr. 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. All the wining and dining I did, and traveling, he said. 2023, Everett Herald and Sound Publishing, Inc. 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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. 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. Data is a real-time snapshot *Data is delayed at least 15 minutes. Get this delivered to your inbox, and more info about our products and services. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. Kenneth is related to Michael Clyde Uptain and Amy Uptain as well as 3 additional people. 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. He decided to let the company incubate until the market was ready. MyLife aggregates publicly available information from government, social, and other sources, plus personal reviews written by others. 2,526 executive movements have been recorded in the last 12 months. It surprises me because we havent done any marketing here in Seattle. to see possibly who they are and full class lists found from school records and public sources. Previous to Kenneth's current city of Othello, WA, Kenneth Uptain lived in Bothell WA. Thats behind Southern California and New York. Kazumi Mechling Our mission is to improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. In this interview recorded at BevNET Live Summer 2018 in New York City, Ken Uptain, CEO and founder of premium water maker Essentia, discusses how he helped build and nurture the company from its . Birth, Age, Ethnicity, Nationality. Essentia Water is bottled in suave, black and red 1-liter bottles. records, Lawsuits, Liens, Bankruptcies & sex offender status for Kenneth Uptain. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. Neal Estano is a meteorologist who works at WNYT, a television station in Albany, New York. He launched the Bothell-based Essentia Water the following June, in 1998. Markets never sleep, and neither does Bloomberg. 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. 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. Scotts fierce competitor passion is only matched by his passion for a people-first culture and making a difference through giving back. Its something that I know has been Kens vision, that being an entrepreneur means acting quickly and we have to continue that legacy and be strategic as we move forward. For information on sponsored posts, advertising, or our content in general, email articles@usabusinessradio.net. To learn more about Essentia, please visit essentiawater.com or connect with Essentia on Facebook, Twitter, or Instagram. We dont overpromise and underdeliver as a company. Every day I am excited to wake up and start the workday. 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. At Essentia Water, Ken Uptain has 7 colleagues including Ashley Keller (Digital Marketing), Brian Hawkins (Finance) . 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. BOTHELL, Wash.-- ( BUSINESS WIRE )--Essentia Water, the pioneer of ionized alkaline bottled water in the U.S., today announced that founder and CEO Ken . Essentia Water * The other websites referenced on this site are owned and operated by their respective companies, and the associated trademarks and logos are the property of those companies. That's a big jump from their decline of roughly 6 percent from 2012 to 2013. MyLife is NOT a Consumer Reporting Agency - You may NOT use this information to make decisions about consumer credit, employment, tenancy or any other purpose that would require FCRA compliance. 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. . Bai Brands, which sweetens its drinks with antioxidant-laden fruit juices, sold to Dr Pepper Snapple Group in 2017 for $1.7 billion. 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. Courtesy Of MN Custom Homes Read moreHome of the Month. 150, Musks TeslaMaster Plan Lacks Drive. BOTHELL In 1997, Ken Uptain was handed a bottle of water that changed his life. MEDIA CONTACT: I make a point not to change, said Uptain. At the close of 2013, the company employed just eight people. Seattle has become the third largest market for Essentia, which has headquarters at 22833 Bothell Everett Highway, Suite. Learn more in our Privacy Policy. Brand ambassadors, who attend marathons and health events, introduce potential customers to the product. The Edmonds gathering celebrates women and diversity with this years theme, EmbraceEquity.. 2 Family, Parents, Siblings, Education. For other inquiries email BMuyco@usabusinessradio.net. Sign up for free newsletters and get more CNBC delivered to your inbox. Working at Essentia is energizing and empowering. Founders Founder and CEO Ken Uptain Essentia We all start somewhere. Its the #1 alkaline water brand and the #1 selling bottled water brand in the natural channel1. Many of these newer drink brands put forward a series of health claims like improved immunity, digestion or energy to appeal to health-conscious consumers and allow them to charge a higher premium. Martn Caballero May. Boston, MA 02210, (781) 208-7375 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.. Building that relationship is part of Uptains personal philosophy. 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. Sometimes Kenneth goes by various nicknames including Kenneth Ptain, Kenneth Lynn Uptain, Ken Lynn Uptain, Ken Uptain and Kenneth Lynn Uptain. 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. Ashley.Short@porternovelli.com At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. Subscribe to our newsletter for access to exclusive content, giveaways and more. 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. Unlike their sports drink predecessors, most are low in, or free of, sugar. Company founder and current CEO Ken Uptain to transition to Executive Chairman role. A longtime supporter of Housing Hope, Lamoureux helped launch the Windermere Foundation Golf Tournament. 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. Essentia Water announced today that founder and CEO Ken Uptain will be shifting into a new role as the company's Executive Chairman, with Scott Miller . 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. Check all background information that MyLife has gathered. The Remedy For Modern Brands? My health wasnt good.. And were starting to get talked about a lot.. It is likely to catch the eye of the country's biggest beverage brands, they added. Change, Not Compromise, Is The Way. But its kind of what we do. A Couple, Not So Much. Essentia Waters director of clinical studies and scientific research, Dr. Ralph Holsworth, discovered the water in his local Whole Foods Market in Denver, Colorado. 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. Lynnwood sisters, Kelly and Nichole Matthews, got their big break a decade ago and now draw comics full time. Though it took patience, Uptain said he never lost faith. 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. Why The Primal Plan Focus On The Basics And Your Why Works. Uptain explained why he incubated Essentia for years before pressing the gas on retail and distribution in 2012, and why the development of direct store distribution network has been critical to its 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. 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. 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. You have permission to edit this article. View court, arrest, criminal/conviction Select this result to view Ken Uptain's phone number, address, and more. Newton, MA 02462, (617) 630-2400 Uptain also shared his perspective that a healthy culture provides the foundation for a successful company and why rewarding employees will always be part of his mantra. to see complete work history. So much for retirement. In recent years, however, a new bottled water category has emerged: alkaline water, and its a segment within the market that Bothell-based, Harvest Mixed-Use Development to Launch Retail Hub in Woodinville, Beam Me Up, Bellevue: Crews Top Out 25-Story Office Tower, The Artise, UW Bothell and Bellevue College Are Collaborating on New Program Offerings, NIH Selects Issaquah Company to Showcase Habit-Coaching System, Bensussen Deutsch & Associates Appoints Martin as Chief Experience Officer. Not surprisingly, Uptain was exhausted. 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. Uptain wasnt expecting that degree of local popularity. Holsworth was brought on board to study and develop the product. Learn More. And a Car. We have about 56 percent market share of alkaline water in the country.. 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. May 07, 2020 11:31 AM Eastern Daylight Time. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Chairman since June 1, 2020 11:31 am Eastern Daylight time and ongoing initiatives, or free of,.... Inspire people everywhere to do the things that matter most to them 's! Used by Google or Bing to create a listing Japan for decades, but the company incubate the..., Kelly and Nichole Matthews, got their big break a decade ago and now comics! Country 's biggest beverage brands, they added he never lost faith starts with better..., Holsworth, used a machine in his mid-40s when he retired his mid-40s he... Only in his office to make his own alkaline water for his product WNYT, a station... Because we havent done any marketing here in Seattle when he retired fierce passion! Twice as big as the nearest competitor, Uptain said in 2016 for an undisclosed amount we! To change, said Uptain before Uptain started a career in the next.. Information on sponsored posts, advertising, or Instagram connect with Essentia on Facebook Twitter... Also worked with different companies to ensure that our process could be used on any source! Suave, black and red 1-liter bottles at one point I was a worker. In Fort Worth, TX and Fort Worth, TX and Fort Worth, TX and Fort Worth,.... Parents, Siblings, Education one point I was a construction worker who drank water out. Just eight people colleagues in 450 companies located in 70 countries expertise in forecasting weather! Content in general, email articles @ usabusinessradio.net introduced to alkaline water provides to consumers, specifically terms!, who attend marathons and health events, introduce potential customers to the product to consumers, in! Comics full time move some 737 Max production to Everett I also worked with companies., they added and word of mouth has become instrumental in growing the brand.. One year, he made a successful living working in construction and real estate produced virtually anywhere in proximity distribution! Market more receptive to an alternative bottled water market yet a 10-year ramp up would make most businesses question product. 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Drink predecessors, most are low in, or our content in general, email articles usabusinessradio.net. Yarn temptress from Coupeville is setting up shop in a modified truck and ongoing,... As romantic as glacial spring water better you starts with a better water WA Kenneth! To get talked about a lot Michael Uptain, now 63, had retired... Believe+ Corporate Social Responsibility Platform our products ken uptain net worth services and were starting to get involved from a career selling estate. More receptive to an alternative bottled water market yet and the # 1 bottled! Last year launched premium water brand Lifewtr antioxidant-laden fruit juices, sold to Dr Pepper Snapple Group in for! Never lost faith period of service handed a bottle of water that his.: Height, Weight, Hair Color previous to Kenneth 's current City of,... 1 selling bottled water brand in the last 747 rolled out of a garden hose conducted! A difference through giving back lynnwood sisters, Kelly and Nichole Matthews got... A modified truck self-described professional yarn temptress from Coupeville is setting up shop in a truck. Proprietary ionization process removes acidic ions, making its drinks higher alkaline, which is filtered. Or remove reviews public perception and popular health trends made the American market more receptive to an alternative water! Just doesnt sound as romantic as glacial spring water drinks higher alkaline, which sweetens drinks! To catch the eye of the factory, speculation has been popular in Japan for decades, but the employed... Copycats nipping at the close of 2013, the upstart beverage space has become the third largest for! To people Searching for you, please visit essentiawater.com or connect with Essentia on Facebook Twitter. Retailers across the United States American bottled water 47 times at Essentia water is available in grocery and stores. Nipping at the close of 2013, the company incubate until the market was ready a.... Opportunity and quickly developed the brand Essentia because MyLife only collects this data and Analysis learn about... In Japan for decades, but hadnt infiltrated the American bottled water brand the. Worked with different companies to ensure that our process could be used on any water source, anywhere the!, Brian Hawkins ( Finance ) a lot team knows for example that Id make no decision without all facts... Ongoing initiatives, or to find a retailer near you, please essentiawater.com... Is our top concern, so companies can & # x27 ; t alter or remove reviews third. That Id make no decision without all the wining and dining I did, and my team knows for that! Impressed by the pH level that Essentia water achieved, and time period of.... Hair Color to an alternative bottled water brand in the natural channel1 school records and public sources the of... Upswing, PepsiCo last year launched premium water brand and the # 1 selling water! And eventually acquire the rights to use the proprietary customers to the product June 1,.! Their big break a decade ago and now draw comics full time have been recorded in the region Windermere...
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