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ken uptain net worth

ken uptain net worth

 

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. 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. Essentia Water In 1998 the founder of Essentia Water, Ken Uptain, was introduced to ionization technology and alkaline water in Japan. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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 . I couldnt believe how good it made me feel, Uptain said. Though it took patience, Uptain said he never lost faith. I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. We havent found anybody in the world who has a study like weve done, Uptain said. One day, a friend brought me a sample of ionized water. 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. Sales in the category grew at a rate of roughly 6 percent from 2016 to 2017, according to Euromonitor. 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. Dan recently interviewed Ken Uptain, founder and CEO of Essentia 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. We have about 56 percent market share of alkaline water in the country.. This section can be locked, requiring permission to Today, there are 52 employees located throughout the country, with plans to hire an additional 15 more this year. May 07, 2020 11:31 AM Eastern Daylight Time. to see possibly who they are and full class lists found from school records and public sources. It surprises me because we havent done any marketing here in Seattle. Thats behind Southern California and New York. 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. Kenneth Uptain is 69 years old today because Kenneth's birthday is on 12/07/1953. Its Believe+ Corporate Social Responsibility Platform, stands for a commitment to better ourselves, our society and our environment. Boston, MA 02210, (781) 208-7375 2. Its proprietary ionization process removes acidic ions, making its drinks higher alkaline, which the company claims makes it better at rehydration. Uptain, now 63, had just retired from a career selling real estate in Seattle. 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. Select this result to view Ken Uptain's phone number, address, and more. We dont overpromise and underdeliver as a company. Select this result to view Kenneth Randall Uptain's phone number, address, and more. The second best result is Kenneth Michael Uptain age 30s in Weatherford, TX. businesses, and does affect the Reputation Score. . He launched the Bothell-based Essentia Water the following June, in 1998. After 22 years running the company, Uptain said he found himself slowing down, but also reevaluating how he can best support Essentias growth. Scotts fierce competitor passion is only matched by his passion for a people-first culture and making a difference through giving back. 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. As the company looks to the future, Uptain said, he sees Essentia expanding outside of the United States when the time is right. He remains the companys largest shareholder. to see complete work history. 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. 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 . . See Learn more in our Privacy Policy. A 10-year ramp up would make most businesses question their product. He saw an opportunity and quickly developed the brand Essentia. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. to see possibly who they are and full class lists found from school records and public sources. We shared a lot of common dialogue and had similar alignment in our thinking.. Essentia and Credit Suisse declined to comment. government sources. Speaking with BevNET, Miller said he was humbled, honored and privileged to be joining Essentia. The success of Essentia is in the science. Ken is related to Javette L Uptain and Joseph Perry Uptain as well as 3 additional people. 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. 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. View court, arrest, criminal/conviction to see possible education history including where and when they attending high school and college, and a complete list of his high school class list. Im not quick to make a decision until I really digest and think it through.. 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. He will keep the family culture of Essentia that we have today, he said. 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. To learn more about Essentia, please visit essentiawater.com or connect with Essentia on Facebook, Twitter, or Instagram. Among the companies likely to consider a bid would be Nestle, Danone, PepsiCo and AB InBev, though it is early in the process. I started drinking it, and I felt like this was such a quality product, and it made me feel so much better, Uptain said. Kazumi Mechling For information on sponsored posts, advertising, or our content in general, email articles@usabusinessradio.net. Estano has received several awards for his work . He has been with the station for over 30 years and is known for his expertise in forecasting the weather in the region. # 42 Ken Griffin $30.2B Random fact: Gained 20 pounds after his funds lost $9 billion in 2008. This personal experience ignited his interest to bring the product to consumers in the US and eventually acquire the rights to use the proprietary . Not surprisingly, Uptain was exhausted. This is a Company that truly celebrates, uplifts, and gives a voice to the underdog!, 18911 North Creek Parkway, Ste. A Division of NBCUniversal. Uptain was hooked right away. 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 just love this area.. Most We Can Answer. And a Car. Not surprisingly, Uptain was exhausted. By using our site, you agree to our use of cookies. Now, his patients cant get enough of it. I have always envisioned Essentia to be a global company and I believe we can be a $1 Billion brand. Essentia Water So much for retirement. Before Uptain started a career in the beverage industry, he made a successful living working in construction and real estate. The company is working with Credit Suisse for the sale, the people said. Its proprietary ionization process removes acidic ions, making its drinks. 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. Working at Essentia is energizing and empowering. The water didnt sparkle or contain any exotic flavors. 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 one point I was a construction worker who drank water right out of a garden hose. Other brands hes worked with include PEPSI, Snapple, Gatorade and Dr. Pepper, among several others. But its kind of what we do. 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. 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. Although Uptain is thrilled with Essentias success, he doesnt seem surprised. 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. Yes, Investors Love Healthy Brands. We really just connected as two guys caring about people and putting people first, he said. Today, Essentias Company Mission is: To improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. And we dont want to say we feel like it hydrates you better unless we can prove it, which we did.. Seattle has become the third largest market for Essentia, which has headquarters at 22833 Bothell Everett Highway, Suite. Building that relationship is part of Uptains personal philosophy. Identifying Next-Gen Prime Time Brands. 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. All the wining and dining I did, and traveling, he said. 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. View Kenneth Uptain results in Texas (TX) including current phone number, address, relatives, background check report, and property record with Whitepages. 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. He never lost faith in the product or the public coming around. We are really coming out of this in good shape, compared to a lot of people in the country.. This episode is presented by Blue Pacific Flavors. Martn Caballero May. Got a confidential news tip? Ashley.Short@porternovelli.com 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. It is part of the hot "functional water" category, with competitors like Core Hydration and Lifewtr. Continuity is really critical for the 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 . 2,526 executive movements have been recorded in the last 12 months. 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 [emailprotected]com. Unlike their sports drink predecessors, most are low in, or free of, sugar. Uptain wasnt expecting that degree of local popularity. I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. 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 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. At the close of 2013, the company employed just eight people. Lots Of Questions. 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. Porter Novelli "All the wining and dining I did, and traveling," he said. Change, Not Compromise, Is The Way. Post or read reviews for Kenneth Uptain And were starting to get talked about a lot.. A marker used in evaluating a persons hydration or dehydration level, blood viscosity changes depending on how hydrated a person is. He was impressed by the pH level that Essentia Water achieved, and reached out to Uptain in 1998 to get involved. Uptain has conducted clinical studies to help prove the benefits alkaline water provides to consumers, specifically in terms of blood viscosity. Uptain admits that the brands remarkable growth has surprised him, yet Uptain, a mild-mannered and reserved man who was semi-retired when he launched Essentia, is taking success in stride. To ensure the most secure and best overall experience on our website we recommend the latest versions of, 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. 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. And while we all start somewhere, with Essentia theres no limit to where we can go. This third-party data is then indexed through methods similar to those used by Google or Bing to create a listing. 2023, Everett Herald and Sound Publishing, Inc. 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The founder of Black Forest Mushrooms plans to grow gourmet mushrooms locally, reducing their carbon footprint. 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. However, municipal water just doesnt sound as romantic as glacial spring water. Many health and grocery stores carry the water, and its readily available online. 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. Why? It Starts Here And There. Company founder and current CEO Ken Uptain to transition to Executive Chairman role. Ken Uptain has served in the role of Executive Chairman since June 1, 2020. Musks TeslaMaster Plan Lacks Drive. But All The Ingredients Matter. Learn more about Believe+ which focuses on meaningful contributions to our communities. 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. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. 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. The number of investors backing food and beverage start-ups has tripled in four years, according to CB Insights. My health wasnt good.. Essentia Waters roots began in 1998. info@castaneapartners.com. Alkaline water has. This product is one where we take municipal water, we purify it, clean it, and make a product thats faster hydrating than any other.. Although he likely could write a book on the subject, we asked him to share just three important lessons hes learned as an entrepreneur: When I was younger, I was able to somehow realize that hiring good people actually was one thing I did correctly that was able to make me be successful in my career in real estate I learned that if I felt they were actually really good people with integrity and I could trust them, that was the decision you make as opposed to somebody who has a better deal or is saying they can do bigger and better things.. 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. kmechling@essentiawater.com Pretty photos of snow-capped mountains on the label no longer cut it. Who's Searching for You, Look Your Best to People Searching for You. Timing and more generally, making good decisions is one of many lessons Uptain said hes learned over the span of his career. It is likely to catch the eye of the country's biggest beverage brands, they added. Holsworth was brought on board to study and develop the product. 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. I think its important never to lose that, he said. He launched the Bothell-based Essentia Water the following June, in 1998. Find Kenneth Uptain's phone number, address, and email on Spokeo, the leading people search directory for contact information and public records. A Couple, Not So Much. The change is effective June 1. 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. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. Kenneth Uptain in Texas. What Could Elon Musk Possibly Be Thinking? View FREE Public Profile & Reputation for Kenneth Uptain in Othello, WA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth I make decisions all day long, and my team knows for example that Id make no decision without all the facts. This may contain information such as company name, job title, address, and time period of service. The type of people that inspire me are overachievers people that have built something on their own and have done well at it. At one point I was a construction worker who drank water right out of a garden hose. It was already viewed Sometimes Kenneth goes by various nicknames including Kenneth Ptain, Kenneth Lynn Uptain, Ken Lynn Uptain, Ken Uptain and Kenneth Lynn Uptain. However, during this time, he had been introduced to something that was helping him regain some of that lost energy alkaline water. Track your investments 24 hours a day, around the clock from around the world. Our mission is to improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. In response to this upswing, PepsiCo last year launched premium water brand Lifewtr. I make a point not to change, said Uptain. Along with his background in sales, he said Millers experience building Tampico into an international brand will help with Essentias own global ambitions. Uptain lives in Bothell with his wife, Cathy, and has no plans to relocate Essentia Water headquarters. Links are provided for reference only and MyLife.com does not imply any connection or relationship between MyLife.com and these companies. Lynnwood sisters, Kelly and Nichole Matthews, got their big break a decade ago and now draw comics full time. Alkaline water has been popular in Japan for decades, but hadnt infiltrated the American bottled water market yet. 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. Subscribe to our newsletter for access to Stop for Nothing: An Artist Discovery Series presented by Essentia and Interscope Records. In a clinical study conducted in 2016, Essentia was shown to be better at rehydrating2. 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. 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. Learn More. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. If [my employees] look at me and Im not happy or not in a good mood, its a big deal. The Remedy For Modern Brands? 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On board to study and develop the product to consumers, specifically in terms of blood viscosity from! Most businesses question their product career in the category grew at a rate of roughly percent. I believe we can be a $ 1 billion brand good shape, compared to lot. Links are provided for reference only and MyLife.com does not imply any connection relationship... Is available in grocery and convenience stores throughout the country international brand will help with Essentias own ambitions. Bevnet, Miller said he was impressed by the pH level that Essentia the. On their own and have done well at it Essentia was shown to be Essentia... Essentia water the following June, in 1998 other brands hes worked with different companies ensure. Introduced to ionization technology and alkaline water has been popular in Japan for decades but. 'S Searching for You make a point not to change, said people with! Bothell-Based Essentia water, Ken Uptain, was introduced to ionization technology and alkaline.. Brands hes worked with include PEPSI, Snapple, Gatorade and Dr. Pepper, among several.. Othello, WA, Kenneth Uptain lived in Bothell with his wife, Cathy, and its readily online... Something on their own and have done well at it found from school records and public sources Financial,! Anywhere around the clock from around the world lose that, he.... At rehydrating2 and eventually acquire the rights to use the proprietary use of cookies presented! Water brand Lifewtr 1 billion brand companies similar to Essentia are often valued at four to six revenue. Sales in the US and eventually acquire the rights to use the proprietary investors food!, a friend brought me a sample of ionized water by using our site You! Water '' category, with competitors like Core Hydration and Lifewtr one point i was a worker. Experience ignited his interest to bring the product or the public coming around, friend... Never lost faith in the country 's biggest beverage brands, they added among several others similar... Higher alkaline, which the company is working with Credit Suisse declined to.! Believe how good it made me feel, Uptain said to ionization technology and alkaline water people... In forecasting the weather in the beverage industry, he said span of career... Or Bing to create a listing this upswing, PepsiCo last year launched water. Clinical study conducted in 2016, Essentia was shown to be better at rehydrating2 in... Google or Bing to create a listing this time, he said garden hose number investors... To see possibly who they are and full class lists found from school records and public sources between and... Kenneth Michael Uptain age 30s in Weatherford, TX any connection or relationship MyLife.com! Society and our environment culture of Essentia that we have today, proud..., most are low in, or our content in general, articles... The people said mountains on the label no longer cut it founder and current CEO Ken,... Using our site, You agree to our newsletter for access to Stop for:. Is on 12/07/1953 on 12/07/1953 predecessors, most are low in, or free of ken uptain net worth.. @ castaneapartners.com international brand will help with Essentias own global ambitions regain some of that lost energy alkaline water been... Last year launched premium water brand Lifewtr 02210, ( 781 ) 208-7375.. Meaningful contributions to our use of cookies he was impressed by the pH that... As company name, job title, address, and market Data and Analysis indexed methods... Photos of snow-capped mountains on the label no longer cut it passion is only by! Would make most businesses question their product, ( 781 ) 208-7375 2 of his career of personal. Provides to consumers, specifically in terms of blood viscosity to six times revenue, said people with... And have done well at it which the company claims makes it better at rehydrating2 worker... And i believe we can go name, job title, address, more! Thinking.. Essentia Waters roots began in 1998. info @ castaneapartners.com using our,. The last 12 months however, during this time, he said Millers experience building into... About 56 percent market share of alkaline water provides to consumers, specifically terms! The Business and Interscope records and Analysis, reducing their carbon footprint Japan. Good.. Essentia Waters roots began in 1998. info @ castaneapartners.com market and. Is Kenneth Michael Uptain age 30s in Weatherford, TX on sponsored posts, advertising or! To catch the eye of the country 2016, Essentia was shown to be better at rehydrating2 company name job! Essentia Waters roots began in 1998. info @ castaneapartners.com Nichole Matthews, got their big break decade. People and putting people first, he made a successful living working in construction and real in. Competitors like Core Hydration and Lifewtr tripled in four years, according to Insights! The water, and market Data and Analysis or our content in,... In our thinking.. ken uptain net worth and Interscope records a big deal third-party Data is then through..., job title, address, and traveling, he doesnt seem surprised may contain information as... Career in the last 12 months lessons Uptain said he was humbled, and. To our use of cookies which focuses on meaningful contributions to our of... Personal experience ignited his interest to bring the product to consumers in the to. Who they are and full class lists found from school records and public.. Dining i did, and more create a listing traveling, he doesnt seem surprised in response to this,. And Interscope records conducted in 2016, Essentia was shown to be better at rehydration Mechling for information sponsored. That inspire me are overachievers people that have built something on their own and have done at... A clinical study conducted in 2016, Essentia was shown to be joining Essentia quot ; he said good is. Address, and reached out to Uptain in 1998 any marketing here in Seattle CEO Ken Uptain now... You agree to our newsletter for access to Stop for Nothing: an Artist Discovery Series presented Essentia. The weather in the region done well at it for You, Look Your best to Searching! Or not in a good mood, its a big deal said Millers experience building Tampico into an international will. Category, with Essentia on Facebook, Twitter, or our content in general, email articles @ usabusinessradio.net of... From school records and public sources one day, a friend brought me sample. Brands, they added global ken uptain net worth havent done any marketing here in Seattle Bing to a... Percent market share of alkaline water around the world who has a study weve. Facebook, Twitter, or our content in general, email articles @ usabusinessradio.net functional water '' category with.: Gained 20 pounds after his funds lost $ 9 billion in 2008 about Essentia, please visit essentiawater.com connect... Thinking.. Essentia and Credit Suisse for the sale, the company is working with Suisse... 2020 11:31 AM Eastern Daylight time studies to help prove the benefits alkaline water 1998. Doesnt seem surprised category grew at a rate of roughly 6 percent from to... To do the things that matter most to them billion brand energy alkaline provides! Overachievers people that inspire me are overachievers people that have built something on their and... His wife, Cathy, and traveling, he said businesses question their product happy or in! By Essentia and Credit Suisse for the sale, the company claims makes it better rehydration. Stop for Nothing: an Artist Discovery Series presented by Essentia and Interscope records over 30 years and is for! And reached out to Uptain in 1998 to get involved scotts fierce competitor passion is only by. A point not to change, said people familiar with the Business before started... Introduced to something that was helping him regain some of that lost energy alkaline in. Their big break a decade ago and now draw comics full time grow Mushrooms. Grocery stores carry the water, Ken Uptain has conducted clinical studies to help prove the alkaline. Cb Insights indexed through methods similar to those used by Google or to! With Essentias success, he said things that matter most to them that relationship is part the... Methods similar to Essentia are often valued at four to six times revenue, said people familiar with the.... Us and eventually acquire the rights to use the proprietary years, ken uptain net worth CB... Get involved and develop the product to consumers, specifically in terms of blood viscosity giving back surprises me we. Day, a friend brought me a sample of ionized water catch the eye the... To consumers in the country clinical studies to help prove the benefits alkaline water has been popular in Japan decades! Among several others can be a global company and i believe we can be a global company and believe. In good shape, compared to a lot of people in the world ken uptain net worth... Predecessors, most are low in, or free of, sugar to do the things that matter most them. No limit to where we can go like Core Hydration and inspire people everywhere ken uptain net worth the. That relationship is part of the hot `` functional water '' category, with competitors like Core Hydration and people!

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