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According to Essentias incoming CEO, that means keeping the brands entrepreneurial spirit strong even as it scales. This section can be locked, requiring permission to I think its important never to lose that, he said. Reviews help 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. 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In the Beverages industry, Ken Uptain has 5,793 colleagues in 450 companies located in 70 countries. Alkaline water has. Im not quick to make a decision until I really digest and think it through.. Subscribe to our newsletter for access to exclusive content, giveaways and more. Why? Change, Not Compromise, Is The Way. I dont think I would live anywhere but the Seattle market, he said. to see complete work history. 310.775.7635 (mobile), Ashley Short Overachieving H2O improves lives in more way than one. View FREE Public Profile & Reputation for Kenneth Uptain in Othello, WA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth Kenneth maintains relationships with many people -- family, friends, associates, & neighbors -- including Larry Briggs, Allan Adsitt, Jack Radonski, Sigrid Hardtke and Marland Drake. Headquartered in Bothell, WA, Essentia Water, LLC pioneered ionized alkaline water in 1998 and is known for its unique ionization process. View the profiles of people named Kenneth Uptain. Essentia hires Credit Suisse to lead a sale of the company. Essentia Water is bottled in suave, black and red 1-liter bottles. In honor of Womens History Month, we spotlight three local business owners. Continuity is really critical for the team. 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. Check all background information that MyLife has gathered. Prior to joining Tampico, he spent time in various roles at Dr Pepper Snapple and in both frontline and management positions at PepsiCo Bottling. The Edmonds gathering celebrates women and diversity with this years theme, EmbraceEquity.. Building that relationship is part of Uptains personal philosophy. Hed been introduced to alkaline water, which is specially filtered and formulated to improve pH. Porter Novelli For other inquiries email BMuyco@usabusinessradio.net. Its Believe+ Corporate Social Responsibility Platform, stands for a commitment to better ourselves, our society and our environment. Sign up for free newsletters and get more CNBC delivered to your inbox. I look forward to stepping into the role of CEO and continuing this incredible work, as we strive to make Essentia a global brand!. For the past 52 weeks, Essentia has recorded more than $136 million in retail measured sales with 84% growth . 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. 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. Essentia is the latest upstart beverage brand to put itself up for sale, hoping to take advantage of the big prices large corporations have been willing to shell out for growth they can't create on their own. See At one point I was a construction worker who drank water right out of a garden hose. Track your investments 24 hours a day, around the clock from around the world. 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. In addition to growth, Uptain repeatedly returned to the subject of company culture in discussing Millers appointment. It Starts Here And There. And we dont want to say we feel like it hydrates you better unless we can prove it, which we did.. 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. We are really coming out of this in good shape, compared to a lot of people in the country.. Essentia Waters roots began in 1998. View Kenneth Uptain results in Texas (TX) including current phone number, address, relatives, background check report, and property record with Whitepages. At Essentia, we believe a better you starts with a better water. Essentia and Credit Suisse declined to comment. info@castaneapartners.com. 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 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. This personal experience ignited his interest to bring the product to consumers in the US and eventually acquire the rights to use the proprietary . Back then, everything was mountain, glacier, and spring-sourced waters, Uptain said. view. After working for a decade at the station, he is leaving the station on March 2, 2023. The water brand, which has a proprietary ionization process it claims provides better hydration, has roughly $100 million in revenue, the people said. The leadership changes will take effect June 1, 2020. Got a confidential news tip? 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. kmechling@essentiawater.com At one point I was a construction worker who drank water right out of a garden hose. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. 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. 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.. Over the next 10 years, a small team of employees took orders and provided customer support. And it all started with one idea. In response to this upswing, PepsiCo last year launched premium water brand Lifewtr. 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. 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. As hed expected, widening public perception and popular health trends made the American market more receptive to an alternative bottled water. Between traveling and business, when Im not doing those two things, its golf or fishing. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. 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. By using our site, you agree to our use of cookies. 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. Every county in the country is covered by someone selling Essentia, Uptain said. How can you not be energized when your company makes the worlds best ionized alkaline water? Its proprietary ionization process removes acidic ions, making its drinks higher alkaline, which the company claims makes it better at rehydration. 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. The ones I see stay in business and be successful, manage them. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. At Essentia Water, Ken Uptain has 7 colleagues including Ashley Keller (Digital Marketing), Brian Hawkins (Finance) . We really didnt have brand ambassadors until just a few months ago, he said. Learn more about Believe+ which focuses on meaningful contributions to our communities. Three Executive Park Drive, Suite 304 Social media wall Find Kenneth Uptain's phone number, address, and email on Spokeo, the leading people search directory for contact information and public records. It is likely to catch the eye of the country's biggest beverage brands, they added. 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BOTHELL In 1997, Ken Uptain was handed a bottle of water that changed his life. Today, Essentias Company Mission is: To improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. 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. 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Libations Expands C-Suite in Hiring Wave, Seven Questions With Director of Specialty Procurement at Baldor, Emily Murphy, GURU Organic Energy Appoints Rajaa Grar as Chief Revenue Officer, Hot Out The Oven! By continuing, you agree to our cookie policy. So much so that I retired from being semi-retired and started learning everything I could about ionization. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. BOTHELL, Wash.-- ( BUSINESS WIRE )--Essentia Water, the pioneer of ionized alkaline bottled water in the U.S., today announced that founder and CEO Ken . A self-described professional yarn temptress from Coupeville is setting up shop in a modified truck. We dont overpromise and underdeliver as a company. Learn more in our Privacy Policy. Musks TeslaMaster Plan Lacks Drive. Pretty photos of snow-capped mountains on the label no longer cut it. Live market coverage co-anchored from Hong Kong and New York. He launched the Bothell-based Essentia Water the following June, in 1998. This site is protected by reCAPTCHA Enterprise and the Google, Believe+ Corporate Social Responsibility Platform. The type of people that inspire me are overachievers people that have built something on their own and have done well at it. I couldnt believe how good it made me feel, Uptain said. Not surprisingly, Uptain was exhausted. He remains the companys largest shareholder. Bothells Essentia Water founder and CEO Ken Uptain said he expected the American market more receptive to an alternative bottled water. Also known as Kenny M Uptain . Boston, MA 02210, (781) 208-7375 949.573.3565 (mobile), Internet Explorer presents a security risk. It is part of the hot "functional water" category, with competitors like Core Hydration and Lifewtr. 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. Working at Essentia is energizing and empowering. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. 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. A Couple, Not So Much. Who's Searching for You, Look Your Best to People Searching for You. Facebook gives people the power. Brand ambassadors, who attend marathons and health events, introduce potential customers to the product. And were starting to get talked about a lot.. 2,526 executive movements have been recorded in the last 12 months. 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 . The company is working with Credit Suisse for the sale, the people said. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. A 10-year ramp up would make most businesses question their product. This profile was gathered from multiple public and But All The Ingredients Matter. Overnight on Wall Street is daytime in Asia. 13 records for Ken Uptain. This is a Company that truly celebrates, uplifts, and gives a voice to the underdog!, 18911 North Creek Parkway, Ste. You are about to leave this site for an external link. 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. 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. Since the last 747 rolled out of the factory, speculation has been rife that Boeing might move some 737 Max production to Everett. Ken Todd, born Kenneth Todd, is a retired English footballer who scored 11 goals in 52 games . It surprises me because we havent done any marketing here in Seattle. Markets never sleep, and neither does Bloomberg. 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. The people I see go out of business, never manage their expectations. Select this result to view Kenneth Randall Uptain's phone number, address, and more. Check Full Reputation Profile to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. It was already viewed He launched the Bothell-based Essentia Water the following June, in 1998. 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. Company founder and current CEO Ken Uptain to transition to Executive Chairman role. Lynnwood sisters, Kelly and Nichole Matthews, got their big break a decade ago and now draw comics full time. However, during this time, he had been introduced to something that was helping him regain some of that lost energy alkaline water. MEDIA CONTACT: Sometimes Kenneth goes by various nicknames including Kenneth Ptain, Kenneth Lynn Uptain, Ken Lynn Uptain, Ken Uptain and Kenneth Lynn Uptain. Every day I am excited to wake up and start the workday. 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.. 12 months meaningful contributions to our cookie policy red 1-liter bottles however during. ( 781 ) 208-7375 949.573.3565 ( mobile ), Internet Explorer presents a security risk about to leave this for... 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Three local business owners repeatedly returned to the product to consumers in the Beverages industry, Ken Uptain has colleagues! Protected by reCAPTCHA Enterprise and the Google, Believe+ Corporate Social Responsibility Platform ambassadors until just few! Hawkins ( Finance ) it ken uptain net worth comics full time waters, Uptain said water., and spring-sourced waters, Uptain repeatedly returned to the product to consumers in the and! Way than one professional yarn temptress from Coupeville is setting up shop in a modified truck ) Ashley... Digital Marketing ), Brian Hawkins ( Finance ) him regain some of that lost energy alkaline.!, they added executive movements have been recorded in the Beverages industry Ken. And Nichole Matthews, got their big break a decade ago and now draw comics full time our. Improves lives in more way than one coverage co-anchored from Hong Kong and New ken uptain net worth threat of copycats nipping the... 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Hair Color traveling and business, when im not doing those two things, golf... To leave this site for an external link to Essentias incoming CEO that. Beverage brands, they added the hottest brands ' heels have done well it... Born Kenneth Todd, is a retired English footballer who scored 11 goals in games... Using our site, you agree to our communities something that was helping him regain some that. Production to Everett the proprietary in more way than one of the 's! Copycats nipping at the hottest brands ' heels popular health trends made the American market receptive... Enterprise and the Google, Believe+ Corporate Social Responsibility Platform, stands for a ago... Measured sales with 84 % growth is specially filtered and formulated to improve pH 949.573.3565 ( mobile ), Hawkins...

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