Brand ambassadors, who attend marathons and health events, introduce potential customers to the product. 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. 7 Rumors and Controversies. 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 . 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. Over the next 10 years, a small team of employees took orders and provided customer support. 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. The success of Essentia is in the science. Kazumi Mechling And it all started with one idea. 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. Social media wall Founders Founder and CEO Ken Uptain Essentia We all start somewhere. 4 Net Worth, Salary, House. And so Im always hearing that being very consistent is so important.. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. It Starts Here And There. 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. Yes, Investors Love Healthy Brands. 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. What information about Kenneth are you looking for? Identifying Next-Gen Prime Time Brands. 220. 2. Prior to joining Tampico, he spent time in various roles at Dr Pepper Snapple and in both frontline and management positions at PepsiCo Bottling. 2. * 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. 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. Overview Latest news Net worth summary Biography Relative value They have also lived in Clearfield, UT and Salt Lake City, UT. 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. Its the #1 alkaline water brand and the #1 selling bottled water brand in the natural channel1. We shared a lot of common dialogue and had similar alignment in our thinking.. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. The founder of Black Forest Mushrooms plans to grow gourmet mushrooms locally, reducing their carbon footprint. Previous to Kenneth's current city of Othello, WA, Kenneth Uptain lived in Bothell WA. Check Full Reputation Profile The Remedy For Modern Brands? 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. A Division of NBCUniversal. Pretty photos of snow-capped mountains on the label no longer cut it. In response to this upswing, PepsiCo last year launched premium water brand Lifewtr. 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. Newton, MA 02462, (617) 630-2400 Related To Sherri Uptain, Michael Uptain, Latasha Uptain, Katherine Uptain, Amy Uptain. At the close of 2013, the company employed just eight people. The company has grown to the point where it needs more structure than Uptain, who identifies as an entrepreneur, could provide. This product is one where we take municipal water, we purify it, clean it, and make a product thats faster hydrating than any other.. 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 The ones I see stay in business and be successful, manage them. 3 The Professional Career of Ken Todd. businesses, and does affect the Reputation Score. Learn more in our Privacy Policy. Holsworth was brought on board to study and develop the product. Before Uptain started a career in the beverage industry, he made a successful living working in construction and real estate. Uptain wasnt expecting that degree of local popularity. In honor of Womens History Month, we spotlight three local business owners. 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. Im not quick to make a decision until I really digest and think it through.. kmechling@essentiawater.com The first three months of 2018 represented the brand's most successful quarter to date. Uptain lives in Bothell with his wife, Cathy, and has no plans to relocate Essentia Water headquarters. Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. 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. 1. Dan recently interviewed Ken Uptain, founder and CEO of Essentia Water. . Essentia's investors include Castanea Partners and First Beverage Ventures. At one point I was a construction worker who drank water right out of a garden hose. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. 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. Since 1998, Ken has managed the vision and top-level business side of Essentia Water. I just love this area.. 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. I look forward to stepping into the role of CEO and continuing this incredible work, as we strive to make Essentia a global brand!. One day, a friend brought me a sample of ionized water. He has been with the station for over 30 years and is known for his expertise in forecasting the weather in the region. The people I see go out of business, never manage their expectations. Building that relationship is part of Uptains personal philosophy. As the company looks to the future, Uptain said, he sees Essentia expanding outside of the United States when the time is right. 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. Essentia water is currently available in every state in the United States. 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. Kenneth maintains relationships with many people -- family, friends, associates, & neighbors -- including Larry Briggs, Allan Adsitt, Jack Radonski, Sigrid Hardtke and Marland Drake. I decided that this water really had a place in the market.. Having been introduced to Uptain by one of the companys investors, the two quickly developed a relationship and began sharing thoughts on entrepreneurship and leadership styles prior to Miller being offered the job. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. view. At the time, Holsworth, used a machine in his office to make his own alkaline water for his family practice patients. 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. 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. And while we all start somewhere, with Essentia theres no limit to where we can go. I felt burnt out, he said. A self-described professional yarn temptress from Coupeville is setting up shop in a modified truck. [emailprotected]com. Hed been introduced to alkaline water, which is specially filtered and formulated to improve pH. Got a confidential news tip? And while we all start somewhere, with Essentia theres no limit to where we can go. Lynnwood sisters, Kelly and Nichole Matthews, got their big break a decade ago and now draw comics full time. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. You have permission to edit this article. MyLife aggregates publicly available information from government, social, and other sources, plus personal reviews written by others. He will keep the family culture of Essentia that we have today, he said. 2023 CNBC LLC. Thats behind Southern California and New York. 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. 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.. Uptain was hooked right away. The Edmonds gathering celebrates women and diversity with this years theme, EmbraceEquity.. Every day I am excited to wake up and start the workday. See View court, arrest, criminal/conviction 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. We dont overpromise and underdeliver as a company. Todays bottled water brands need to satisfy taste buds to attain loyal customers. 310.775.7635 (mobile), Ashley Short Essentia hires Credit Suisse to lead a sale of the company. 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. Previous to Kenneth 's current City of Othello, WA, Kenneth Uptain lived in Bothell WA station over... Just eight people will keep the family culture of Essentia water six times revenue, said people familiar the. News Net worth summary Biography Relative value They have also lived in Clearfield, UT History,. 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