I started drinking it, and I felt like this was such a quality product, and it made me feel so much better, Uptain said. Ashley.Short@porternovelli.com Martn Caballero May. Today, Essentias Company Mission is: To improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. The second best result is Kenneth Michael Uptain age 30s in Weatherford, TX. Get this delivered to your inbox, and more info about our products and services. We really just connected as two guys caring about people and putting people first, he said. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. 2. 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 . This section can be locked, requiring permission to The brand has roughly $100 million in annual sales and could attract interest from large consumer companies like Pepsi or Nestle. 2. At one point I was a construction worker who drank water right out of a garden hose. 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. To learn more about Essentia and ongoing initiatives, or to find a retailer near you, please visit essentiawater.com. 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 . Kenneth Uptain - Director of Technology and Business Integration - Gothams | LinkedIn Kenneth Uptain Solving Hard Problems with Technology | Lifetime Learner Austin, Texas Metropolitan Area 459. In response to this upswing, PepsiCo last year launched premium water brand Lifewtr. View FREE Public Profile & Reputation for Kenneth Uptain in Othello, WA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth 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. For the past 52 weeks, Essentia has recorded more than $136 million in retail measured sales with 84% growth . Its proprietary ionization process removes acidic ions, making its drinks higher alkaline, which the company claims makes it better at rehydration. 47 times Between traveling and business, when Im not doing those two things, its golf or fishing. Not surprisingly, Uptain was exhausted. # 42 Ken Griffin $30.2B Random fact: Gained 20 pounds after his funds lost $9 billion in 2008. A personal experience of beneficence from consuming ionized . I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. Ken has blazed an amazing trail over the years, building Essentia into a brand that consumers love and identify with in their everyday lives that can be seen through its quarter-over-quarter, year-over-year momentum. Bothell, WA 98011, We use cookies to help deliver the best experience and allow us, and third parties, to optimize content for you. And while we all start somewhere, with Essentia theres no limit to where we can go. Kenneth maintains relationships with many people -- family, friends, associates, & neighbors -- including Larry Briggs, Allan Adsitt, Jack Radonski, Sigrid Hardtke and Marland Drake. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. The company has grown to the point where it needs more structure than Uptain, who identifies as an entrepreneur, could provide. Uptain, now 63, had just retired from a career selling real estate in Seattle. Check all background information that MyLife has gathered. IonQ says quantum computing systems are key to addressing climate change, energy and transportation. But All The Ingredients Matter. They have also lived in Clearfield, UT and Salt Lake City, UT. 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I think its important never to lose that, he said. 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. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Dan recently interviewed Ken Uptain, founder and CEO of Essentia Water. Social media wall At one point I was a construction worker who drank water right out of a garden hose. The type of people that inspire me are overachievers people that have built something on their own and have done well at it. Birth, Age, Ethnicity, Nationality. 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 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. It surprises me because we havent done any marketing here in Seattle. The change is effective June 1. Back then, everything was mountain, glacier, and spring-sourced waters, Uptain said. 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. I played a lot of golf, I played in the stock exchange, I remodeled my house.. 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.. The water didnt sparkle or contain any exotic flavors. 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. At the time, Holsworth, used a machine in his office to make his own alkaline water for his family practice patients. Musks TeslaMaster Plan Lacks Drive. 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. He launched the Bothell-based Essentia Water the following June, in 1998. Overview Latest news Net worth summary Biography Relative value Kazumi Mechling 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. Porter Novelli This product is one where we take municipal water, we purify it, clean it, and make a product thats faster hydrating than any other.. Company founder and current CEO Ken Uptain to transition to Executive Chairman role. Headquartered in Bothell, WA, Essentia Water, LLC pioneered ionized alkaline water in 1998 and is known for its unique ionization process. The first ionized alkaline bottled water offered in the United States, Essentias philosophy is that a better you starts with a better water. I have always envisioned Essentia to be a global company and I believe we can be a $1 Billion brand. Lived In Fort Worth TX, North Richland Hills TX. Essentia Waters director of clinical studies and scientific research, Dr. Ralph Holsworth, discovered the water in his local Whole Foods Market in Denver, Colorado. And while we all start somewhere, with Essentia theres no limit to where we can go. Many health and grocery stores carry the water, and its readily available online. Although Uptain is thrilled with Essentias success, he doesnt seem surprised. 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. Track your investments 24 hours a day, around the clock from around the world. Lynnwood sisters, Kelly and Nichole Matthews, got their big break a decade ago and now draw comics full time. 332 Congress Street, 5th Floor This is a Company that truly celebrates, uplifts, and gives a voice to the underdog!, 18911 North Creek Parkway, Ste. 2,526 executive movements have been recorded in the last 12 months. 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 . One day, a friend brought me a sample of ionized water. Got a confidential news tip? At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. Uptain was only in his mid-40s when he retired. 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. This episode is presented by Blue Pacific Flavors. 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. So much for retirement. At Essentia, we believe a better you starts with a better water. As hed expected, widening public perception and popular health trends made the American market more receptive to an alternative bottled water. He will keep the family culture of Essentia that we have today, he said. Neal Estano is a meteorologist who works at WNYT, a television station in Albany, New York. Were twice as big as the nearest competitor, Uptain said. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. Taste Radio Ep. 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. Copyright 2023 Stride Consumer Partners. What Could Elon Musk Possibly Be Thinking? Our mission is to improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. * 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. . But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. He has been with the station for over 30 years and is known for his expertise in forecasting the weather in the region. 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. The brand is now distributed in nearly 90,000 retailers across the United States. He remains the companys largest shareholder. The first three months of 2018 represented the brand's most successful quarter to date. A 10-year ramp up would make most businesses question their product. Uptain has conducted clinical studies to help prove the benefits alkaline water provides to consumers, specifically in terms of blood viscosity. 7, 2020 at 3:00 pm. 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.. And were starting to get talked about a lot.. Ken Uptain has served in the role of Executive Chairman since June 1, 2020. 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. Sometimes Kenneth goes by various nicknames including Kenneth Ptain, Kenneth Lynn Uptain, Ken Lynn Uptain, Ken Uptain and Kenneth Lynn Uptain. Still, the upstart beverage space has become increasingly competitive. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. Boston, MA 02210, (781) 208-7375 Meet the founders behind the hottest new brands. Overnight on Wall Street is daytime in Asia. This may contain information such as company name, job title, address, and time period of service. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. Bai Brands, which sweetens its drinks with antioxidant-laden fruit juices, sold to Dr Pepper Snapple Group in 2017 for $1.7 billion. View the profiles of people named Kenneth 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. Newton, MA 02462, (617) 630-2400 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. 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. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. A longtime supporter of Housing Hope, Lamoureux helped launch the Windermere Foundation Golf Tournament. This personal contact and word of mouth has become instrumental in growing the brand. 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. Find Ken Uptain's phone number, address, and email on Spokeo, the leading online directory for contact information. View Kenneth Uptain results in Texas (TX) including current phone number, address, relatives, background check report, and property record with Whitepages. 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. 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