ken uptain net worth

Speaking with BevNET, Miller said he was humbled, honored and privileged to be joining Essentia. We use cookies to personalize & enhance your experience. " " (in 5 reviews) "Absolutely no HR, horrendous management that would rather fire everybody who's been loyal to the company and exceptionally hardworking than admit hiring mistakes." (in 4 reviews) See more pros and cons And while we all start somewhere, with Essentia theres no limit to where we can go. 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. Select this result to view Kenneth Randall Uptain's phone number, address, and more. A Couple, Not So Much. Todays bottled water brands need to satisfy taste buds to attain loyal customers. I am honored to join the Essentia team at such a pivotal time for the business, said Scott Miller, CEO, Tampico Beverages. Social media wall We really just connected as two guys caring about people and putting people first, he said. Essentia Water In 1998 the founder of Essentia Water, Ken Uptain, was introduced to ionization technology and alkaline water in Japan. Why The Primal Plan Focus On The Basics And Your Why Works. 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. As the company looks to the future, Uptain said, he sees Essentia expanding outside of the United States when the time is right. 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. And were starting to get talked about a lot.. View FREE Public Profile & Reputation for Kenneth Uptain in Othello, WA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth The brand is now distributed in nearly 90,000 retailers across the United States. Alkaline water has. In 2008, Uptain crept back out of his semi-retirement. I just love this area.. Not surprisingly, Uptain was exhausted. The founder of Black Forest Mushrooms plans to grow gourmet mushrooms locally, reducing their carbon footprint. Kenneth Uptain, 88 Othello, WA Reputation Score: 2.03 - 3.86 Kay Culbertson Othello, WA Reputation Score: 0.00 - 1.98 Janet Robberson, 69 Othello, WA Reputation Score: 2.15 - 4.26 Linda Pollack, 71 Othello, WA Reputation Score: 3.16 - 4.33 Michael Fontana, 78 Othello, WA Reputation Score: 2.00 - 3.81 Thomas Welch, 77 Othello, WA If [my employees] look at me and Im not happy or not in a good mood, its a big deal. Every day I am excited to wake up and start the workday. 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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. Founders Founder and CEO Ken Uptain Essentia We all start somewhere. Select this result to view Ken Uptain's phone number, address, and more. 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. Musks TeslaMaster Plan Lacks Drive. 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. 220. This section can be locked, requiring permission to 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. We like to walk the talk. Three Executive Park Drive, Suite 304 Subscribe to our newsletter for access to exclusive content, giveaways and more. This site is protected by reCAPTCHA Enterprise and the Google, Believe+ Corporate Social Responsibility Platform. 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. Lived In Fort Worth TX, North Richland Hills TX. He will keep the family culture of Essentia that we have today, he said. It is part of the hot "functional water" category, with competitors like Core Hydration and Lifewtr. Seattle has become the third largest market for Essentia, which has headquarters at 22833 Bothell Everett Highway, Suite. to see possibly who they are and full class lists found from school records and public sources. Related To Sherri Uptain, Michael Uptain, Latasha Uptain, Katherine Uptain, Amy Uptain. 150, All the wining and dining I did, and traveling, he said. Sometimes Kenneth goes by various nicknames including Kenneth Ptain, Kenneth Lynn Uptain, Ken Lynn Uptain, Ken Uptain and Kenneth Lynn Uptain. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. Learn More. 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. For information on sponsored posts, advertising, or our content in general, email articles@usabusinessradio.net. I played a lot of golf, I played in the stock exchange, I remodeled my house.. And so Im always hearing that being very consistent is so important.. 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. kmechling@essentiawater.com This personal experience ignited his interest to bring the product to consumers in the US and eventually acquire the rights to use the proprietary . Alkaline water consumption in the United States has begun to grow only recently, but Essentias story of success is one the companys founder and CEO, Ken Uptain, said has been 20 years in the making. Uptain, now 63, had just retired from a career selling real estate in Seattle. Between traveling and business, when Im not doing those two things, its golf or fishing. 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. Our mission is to improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. 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. Though it took patience, Uptain said he never lost faith. 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. 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. Most We Can Answer. Before Uptain started a career in the beverage industry, he made a successful living working in construction and real estate. We really didnt have brand ambassadors until just a few months ago, he said. Kenneth maintains relationships with many people -- family, friends, associates, & neighbors -- including Larry Briggs, Allan Adsitt, Jack Radonski, Sigrid Hardtke and Marland Drake. "All the wining and dining I did, and traveling," he said. Essentia and Credit Suisse declined to comment. Its special characteristic was pure science: a high pH level, promising better hydration. A personal experience of beneficence from consuming ionized . 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. Holsworth was brought on board to study and develop the product. One day, a friend brought me a sample of ionized water. Headquartered in Bothell, WA, Essentia Water, LLC pioneered ionized alkaline water in 1998 and is known for its unique ionization process. Along with his background in sales, he said Millers experience building Tampico into an international brand will help with Essentias own global ambitions. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. "My health wasn't good." The entire team is so passionate, talented, and full of positive energy that you are motivated to bring your best!, Chris Daniels Digital Marketing Manager, For me, Essentia continues to be a tremendous environment for professional development, and an unexpected space for personal growth. Essentia Water is bottled in suave, black and red 1-liter bottles. 2. Background, Court records found on Kenneth's Family, Founders Founder and CEO Ken Uptain Essentia We all start somewhere. 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 In reflecting on the years Ive spent growing Essentia into the national brand it is today and the opportunity I see for whats ahead, I have decided its the right time to expand our executive team by bringing on a new CEO, said Ken Uptain, founder and CEO, Essentia Water. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. 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. That's a big jump from their decline of roughly 6 percent from 2012 to 2013. 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. 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 . 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. Kenneth Uptain in Texas. Birth, Age, Ethnicity, Nationality. Thats behind Southern California and New York. 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.. 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. Track your investments 24 hours a day, around the clock from around the world. Friends, Neighbors, or Classmates. Uptain lives in Bothell with his wife, Cathy, and has no plans to relocate Essentia Water headquarters. At one point I was a construction worker who drank water right out of a garden hose. . 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. A longtime supporter of Housing Hope, Lamoureux helped launch the Windermere Foundation Golf Tournament. At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. Learn more about Believe+ which focuses on meaningful contributions to our communities. to see possibly who they are and full class lists found from school records and public sources. So much for retirement. I make a point not to change, said Uptain. After 22 years running the company, Uptain said he found himself slowing down, but also reevaluating how he can best support Essentias growth. 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. 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. 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. 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. 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 . A 10-year ramp up would make most businesses question their product. view. The second best result is Kenneth Michael Uptain age 30s in Weatherford, TX. Subscribe to our newsletter for access to Stop for Nothing: An Artist Discovery Series presented by Essentia and Interscope Records. 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. Got a confidential news tip? This profile was gathered from multiple public and 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. 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. 2,526 executive movements have been recorded in the last 12 months. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. Post or read reviews for Kenneth Uptain He launched the Bothell-based Essentia Water the following June, in 1998. Live market coverage co-anchored from Hong Kong and New York. Many health and grocery stores carry the water, and its readily available online. Facebook gives people the power. May 07, 2020 11:31 AM Eastern Daylight Time. Ashley.Short@porternovelli.com As hed expected, widening public perception and popular health trends made the American market more receptive to an alternative bottled 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. The water brand, which has a proprietary ionization process it claims provides better hydration, has roughly $100 million in revenue, the people said. Taste Radio Ep. info@castaneapartners.com. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. He never lost faith in the product or the public coming around. So much so that I retired from being semi-retired and started learning everything I could about ionization. below. A more adventurous consumer led to a boost in popularity of alkaline water, artisan-well water, mineral water and sparkling water. Overview Latest news Net worth summary Biography Relative value Im not quick to make a decision until I really digest and think it through.. . Newton, MA 02462, (617) 630-2400 Markets never sleep, and neither does Bloomberg. We shared a lot of common dialogue and had similar alignment in our thinking.. The company has grown to the point where it needs more structure than Uptain, who identifies as an entrepreneur, could provide. Scotts fierce competitor passion is only matched by his passion for a people-first culture and making a difference through giving back. In honor of Womens History Month, we spotlight three local business owners. 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. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. The company is working with Credit Suisse for the sale, the people said. 2 Family, Parents, Siblings, Education. A marker used in evaluating a persons hydration or dehydration level, blood viscosity changes depending on how hydrated a person is. to see complete work history. 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. I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. 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 . BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. I started drinking it, and I felt like this was such a quality product, and it made me feel so much better, Uptain said. He remains the companys largest shareholder. Brand ambassadors, who attend marathons and health events, introduce potential customers to the product. Links are provided for reference only and MyLife.com does not imply any connection or relationship between MyLife.com and these companies. They have also lived in Clearfield, UT and Salt Lake City, UT. 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. Uptain discovered that when the product launched, the public wasnt interested in experimenting with their water just yet. I think its important never to lose that, he said. MyLife aggregates publicly available information from government, social, and other sources, plus personal reviews written by others. The success of Essentia is in the science. Lots Of Questions. Continuity is really critical for the team. See Essentia Waters roots began in 1998. However, within about one year, he realized the U.S. market wasnt ready for his product. 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. The colleagues of Ken Uptain. But All The Ingredients Matter. 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. All Rights Reserved. Who's Searching for You, Relatives, Associates, Neighbors & Classmates, Lawsuits, Liens or Bankruptcies found on Kenneth's 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. IonQ says quantum computing systems are key to addressing climate change, energy and transportation. Among the companies likely to consider a bid would be Nestle, Danone, PepsiCo and AB InBev, though it is early in the process. 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. Working at Essentia is energizing and empowering. At one point I was a construction worker who drank water right out of a garden hose. 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. For other inquiries email BMuyco@usabusinessradio.net. Its the #1 alkaline water brand and the #1 selling bottled water brand in the natural channel1. However, municipal water just doesnt sound as romantic as glacial spring water. Overachieving H2O improves lives in more way than one. Sales in the category grew at a rate of roughly 6 percent from 2016 to 2017, according to Euromonitor. Also known as Kenny M Uptain . BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. I dont think I would live anywhere but the Seattle market, he said. (Podcast). Essentia Water 3 The Professional Career of Ken Todd. 949.573.3565 (mobile), Internet Explorer presents a security risk. The first ionized alkaline bottled water offered in the United States, Essentias philosophy is that a better you starts with a better water. According to Essentias incoming CEO, that means keeping the brands entrepreneurial spirit strong even as it scales. Uptain was only in his mid-40s when he retired. Unlike their sports drink predecessors, most are low in, or free of, sugar. 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. For the past 52 weeks, Essentia has recorded more than $136 million in retail measured sales with 84% growth . Dan recently interviewed Ken Uptain, founder and CEO of Essentia Water. He saw an opportunity and quickly developed the brand Essentia. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. Uptain has conducted clinical studies to help prove the benefits alkaline water provides to consumers, specifically in terms of blood viscosity. This product is one where we take municipal water, we purify it, clean it, and make a product thats faster hydrating than any other.. The brand has roughly $100 million in annual sales and could attract interest from large consumer companies like Pepsi or Nestle. Now, his patients cant get enough of it. 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To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. And a Car. The number of investors backing food and beverage start-ups has tripled in four years, according to CB Insights. Lacie Marsh-Carroll is rekindling her Snohomish candle company with new designs and products. 4 Net Worth, Salary, House. View the profiles of people named Kenneth Uptain. He was impressed by the pH level that Essentia Water achieved, and reached out to Uptain in 1998 to get involved. Its proprietary ionization process removes acidic ions, making its drinks. Porter Novelli He decided to let the company incubate until the market was ready. Essentia doesnt release sales numbers, but the company did say it expects to grow 90 percent in the next year. Kenneth Uptain - Director of Technology and Business Integration - Gothams | LinkedIn Kenneth Uptain Solving Hard Problems with Technology | Lifetime Learner Austin, Texas Metropolitan Area 459. Scott Miller brings over 30 years of experience in the beverage industry to Essentia, currently serving as the CEO of Tampico Beverages, Inc., a global brand with products sold in 50 countries across the globe. Its Believe+ Corporate Social Responsibility Platform, stands for a commitment to better ourselves, our society and our environment. The leadership changes will take effect June 1, 2020. Uptain was hooked right away. 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.. 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. 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! 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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