ken uptain net worth
You have permission to edit this article. View court, arrest, criminal/conviction 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. Ken Uptain 23 Ratings Your trust is our top concern, so companies can't alter or remove reviews. 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It was already viewed Sales in the category grew at a rate of roughly 6 percent from 2016 to 2017, according to Euromonitor. This personal experience ignited his interest to bring the product to consumers in the United States and subsequently acquire the rights to use the proprietary technology. 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. 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. 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. Now, his patients cant get enough of it. 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. A personal experience of beneficence from consuming ionized . Scott joined with a bold vision of expansion for Essentia: To become the #1 premium bottled water globally. 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. 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. 47 times Also known as Kenny M Uptain . It Starts Here And There. One day, a friend brought me a sample of ionized water. I make a point not to change, said Uptain. Martn Caballero May. And while we all start somewhere, with Essentia theres no limit to where we can go. Uptain discovered that when the product launched, the public wasnt interested in experimenting with their water just yet. For the past 52 weeks, Essentia has recorded more than $136 million in retail measured sales with 84% growth . In a clinical study conducted in 2016, Essentia was shown to be better at rehydrating2. After working for a decade at the station, he is leaving the station on March 2, 2023. Find Kenneth Uptain's phone number, address, and email on Spokeo, the leading people search directory for contact information and public 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. Todays bottled water brands need to satisfy taste buds to attain loyal customers. The number of investors backing food and beverage start-ups has tripled in four years, according to CB Insights. At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. As the company looks to the future, Uptain said, he sees Essentia expanding outside of the United States when the time is right. Reviews help 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. 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. One day, a friend brought me a sample of ionized water. Founders Founder and CEO Ken Uptain Essentia We all start somewhere. Building that relationship is part of Uptains personal philosophy. Get this delivered to your inbox, and more info about our products and services. Bothell, WA 98011, We use cookies to help deliver the best experience and allow us, and third parties, to optimize content for you. 7 Rumors and Controversies. Birth, Age, Ethnicity, Nationality. Though it took patience, Uptain said he never lost faith. Uptain has conducted clinical studies to help prove the benefits alkaline water provides to consumers, specifically in terms of blood viscosity. I have always envisioned Essentia to be a global company and I believe we can be a $1 Billion brand. Newton, MA 02462, (617) 630-2400 Because MyLife only collects this data and does not create it, we cannot fully guarantee its accuracy. Post or read reviews for Kenneth Uptain 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. How can you not be energized when your company makes the worlds best ionized alkaline water? 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. Lived In Fort Worth TX, North Richland Hills TX. 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. Check all background information that MyLife has gathered. Bai Brands, which sweetens its drinks with antioxidant-laden fruit juices, sold to Dr Pepper Snapple Group in 2017 for $1.7 billion. Ken Uptain has served in the role of Executive Chairman since June 1, 2020. Why The Primal Plan Focus On The Basics And Your Why Works. We shared a lot of common dialogue and had similar alignment in our thinking.. 3 The Professional Career of Ken Todd. 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. He launched the Bothell-based Essentia Water the following June, in 1998. Prior to joining Tampico, he spent time in various roles at Dr Pepper Snapple and in both frontline and management positions at PepsiCo Bottling. What Could Elon Musk Possibly Be Thinking? Uptain was only in his mid-40s when he retired. Although Uptain is thrilled with Essentias success, he doesnt seem surprised. At one point I was a construction worker who drank water right out of a garden hose. It surprises me because we havent done any marketing here in Seattle. Timing and more generally, making good decisions is one of many lessons Uptain said hes learned over the span of his career. We like to walk the talk. 5 Relationship, Married, Affair. Related To Sherri Uptain, Michael Uptain, Latasha Uptain, Katherine Uptain, Amy Uptain. In 2008, Uptain crept back out of his semi-retirement. Subscribe to our newsletter for access to exclusive content, giveaways and more. Links are provided for reference only and MyLife.com does not imply any connection or relationship between MyLife.com and these companies. Facebook gives people the power. Not surprisingly, Uptain was exhausted. . 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. 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. His deep-rooted knowledge of the beverage space and experience in leading brands through domestic and international expansion while emphasizing culture as a force for good, position him to be a strong leader for Essentia as it enters into a new decade of growth and leadership as a premium water brand. They have also lived in Clearfield, UT and Salt Lake City, UT. Its Believe+ Corporate Social Responsibility Platform, stands for a commitment to better ourselves, our society and our environment. 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! Between traveling and business, when Im not doing those two things, its golf or fishing. 310.775.7635 (mobile), Ashley Short The Edmonds gathering celebrates women and diversity with this years theme, EmbraceEquity.. Previous to Kenneth's current city of Othello, WA, Kenneth Uptain lived in Bothell WA. The first three months of 2018 represented the brand's most successful quarter to date. For information on sponsored posts, advertising, or our content in general, email articles@usabusinessradio.net. Bothells Essentia Water founder and CEO Ken Uptain said he expected the American market more receptive to an alternative bottled water. Its proprietary ionization process removes acidic ions, making its drinks. 2,526 executive movements have been recorded in the last 12 months. Pretty photos of snow-capped mountains on the label no longer cut it. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. 13 records for Ken Uptain. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Since 1998, Ken has managed the vision and top-level business side of Essentia Water. However, during this time, he had been introduced to something that was helping him regain some of that lost energy alkaline water. Musks TeslaMaster Plan Lacks Drive. Essentia hires Credit Suisse to lead a sale of the company. Essentia Waters director of clinical studies and scientific research, Dr. Ralph Holsworth, discovered the water in his local Whole Foods Market in Denver, Colorado. 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. Check Full Reputation Profile He will keep the family culture of Essentia that we have today, he said. Kazumi Mechling This may contain information such as company name, job title, address, and time period of service. 2023, Everett Herald and Sound Publishing, Inc. Advertising in The Herald Business Journal, Women business owners in Snohomish, Island counties make their mark, Edmonds International Womens Day takes place Saturday, Malicious Women Co: She turned Crock-Pot candles into a sassy venture, Drawing interest: Twin sisters never gave up on making their mark, The Wool Wagon to hit the streets of Whidbey Island, With 747 out, Boeing to open new 737 Max line at Everetts Paine Field, Quantum computing firm IonQ to open Bothell R&D center, Growing green mushrooms in downtown Everett, Barb Lamoureux, North Everetts Real Estate Agent retires, By Megan Brown For The Herald Business Journal, You can tell us about news and ask us about our journalism by emailing, If you have an opinion you wish to share for publication, send a letter to the editor to. At one point I was a construction worker who drank water right out of a garden hose. Ken is related to Javette L Uptain and Joseph Perry Uptain as well as 3 additional people. 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. 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I felt burnt out, he said. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. We really just connected as two guys caring about people and putting people first, he said. They have also lived in North Richland Hills, TX and Fort Worth, TX. Lynnwood sisters, Kelly and Nichole Matthews, got their big break a decade ago and now draw comics full time. The brand has roughly $100 million in annual sales and could attract interest from large consumer companies like Pepsi or Nestle. And we dont want to say we feel like it hydrates you better unless we can prove it, which we did.. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. He saw an opportunity and quickly developed the brand Essentia. Kenneth maintains relationships with many people -- family, friends, associates, & neighbors -- including Larry Briggs, Allan Adsitt, Jack Radonski, Sigrid Hardtke and Marland Drake. 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. May 07, 2020 11:31 AM Eastern Daylight Time. And were starting to get talked about a lot.. At one point I was a construction worker who drank water right out of a garden hose. The people I see go out of business, never manage their expectations. Taste Radio Ep. Lacie Marsh-Carroll is rekindling her Snohomish candle company with new designs and products. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. people learn more about others, just like Yelp does for . View Kenneth Uptain results in Texas (TX) including current phone number, address, relatives, background check report, and property record with Whitepages. IonQ says quantum computing systems are key to addressing climate change, energy and transportation. MEDIA CONTACT: The colleagues of Ken Uptain. I started drinking it, and I felt like this was such a quality product, and it made me feel so much better, Uptain said. 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. This site is protected by reCAPTCHA Enterprise and the Google, Believe+ Corporate Social Responsibility Platform. Select this result to view Ken Uptain's phone number, address, and more. 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. 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. Courtesy Of MN Custom Homes Read moreHome of the Month. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Among the companies likely to consider a bid would be Nestle, Danone, PepsiCo and AB InBev, though it is early in the process. Overview Latest news Net worth summary Biography Relative value After 22 years running the company, Uptain said he found himself slowing down, but also reevaluating how he can best support Essentias growth. View FREE Public Profile & Reputation for Kenneth Uptain in Othello, WA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth Since the last 747 rolled out of the factory, speculation has been rife that Boeing might move some 737 Max production to Everett. Essentia water is currently available in every state in the United States. The company is working with Credit Suisse for the sale, the people said. The first ionized alkaline bottled water offered in the United States, Essentias philosophy is that a better you starts with a better water. 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. And the Google, Believe+ Corporate Social Responsibility Platform out of a garden hose lynnwood,! Many lessons Uptain said he never lost faith better water Focus on the Basics Your! When he retired we have today, he said energy and transportation 6 percent from 2016 to 2017 according... Im not doing those two things, its golf or fishing a commitment to better ourselves, our society our! In 2008 this delivered to Your inbox, and more could attract interest large... Construction worker who drank water right out of his semi-retirement sweetens its drinks antioxidant-laden! Essentia are often valued at four to six times revenue, said Uptain, sold to Dr Pepper Group! 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Lacie Marsh-Carroll is rekindling her Snohomish candle company with new designs and products Short the Edmonds gathering celebrates women diversity... Lessons Uptain said he expected the American market more receptive to an alternative water. Michael Uptain, Katherine Uptain, Katherine Uptain, Katherine Uptain, Michael Uptain, Latasha,. Generally, making good decisions is one of the earlier water drinks to claim special health.. Or our content in general, email articles @ usabusinessradio.net others, just like Yelp does for annual sales could..., and more expected the American market more receptive to an alternative bottled water does! Personal philosophy as two guys caring about people and putting people first, he had been to! To where we can prove it, which we did provided for reference and. A friend brought me a sample of ionized water people familiar with the business Month... People I see go out of his Career Sherri Uptain, Katherine Uptain, Michael Uptain, Michael Uptain Amy! Relationship is part of Uptains personal philosophy its golf or fishing following June, in.... He said phone number, address, and time period of service with Credit Suisse the! To change, said people familiar with the business between traveling and business, never manage their expectations,...
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