Copyright 2023 Stride Consumer Partners. As the company looks to the future, Uptain said, he sees Essentia expanding outside of the United States when the time is right. This profile was gathered from multiple public and It was already viewed 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. Its the #1 alkaline water brand and the #1 selling bottled water brand in the natural channel1. 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. Check Full Reputation Profile Essentia water is currently available in every state in the United States. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. 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. One day, a friend brought me a sample of ionized water. Bai Brands, which sweetens its drinks with antioxidant-laden fruit juices, sold to Dr Pepper Snapple Group in 2017 for $1.7 billion. Check Full Reputation Profile Not surprisingly, Uptain was exhausted. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. Uptain was only in his mid-40s when he retired. info@castaneapartners.com. Since 1998, Ken has managed the vision and top-level business side of Essentia Water. Kenneth is related to Michael Clyde Uptain and Amy Uptain as well as 3 additional people. Subscribe to our newsletter for access to Stop for Nothing: An Artist Discovery Series presented by Essentia and Interscope Records. Facebook gives people the power. At Essentia, we believe a better you starts with a better water. This section can be locked, requiring permission to 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. 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. What information about Kenneth are you looking for? Estano has received several awards for his work . 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. Although Uptain is thrilled with Essentias success, he doesnt seem surprised. They have also lived in Clearfield, UT and Salt Lake City, UT. At Essentia Water, Ken Uptain has 7 colleagues including Ashley Keller (Digital Marketing), Brian Hawkins (Finance) . GDPR INFORMATION We are really coming out of this in good shape, compared to a lot of people in the country.. Speaking with BevNET, Miller said he was humbled, honored and privileged to be joining Essentia. By continuing, you agree to our cookie policy. government sources. 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. 47 times 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.. Sales in the category grew at a rate of roughly 6 percent from 2016 to 2017, according to Euromonitor. Kenneth maintains relationships with many people -- family, friends, associates, & neighbors -- including Larry Briggs, Allan Adsitt, Jack Radonski, Sigrid Hardtke and Marland Drake. Prior to joining Tampico, he spent time in various roles at Dr Pepper Snapple and in both frontline and management positions at PepsiCo Bottling. 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. Identifying Next-Gen Prime Time Brands. 7 Rumors and Controversies. Scott joined with a bold vision of expansion for Essentia: To become the #1 premium bottled water globally. KeVita, a kombucha drink that claims to improve digestive health, sold to PespiCo in 2016 for an undisclosed amount. Neal Estano is a meteorologist who works at WNYT, a television station in Albany, New York. " " (in 5 reviews) "Absolutely no HR, horrendous management that would rather fire everybody who's been loyal to the company and exceptionally hardworking than admit hiring mistakes." (in 4 reviews) See more pros and cons Since the last 747 rolled out of the factory, speculation has been rife that Boeing might move some 737 Max production to Everett. Learn more in our Privacy Policy. Pretty photos of snow-capped mountains on the label no longer cut it. It surprises me because we havent done any marketing here in Seattle. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. I make a point not to change, said Uptain. Dan recently interviewed Ken Uptain, founder and CEO of Essentia Water. Brand ambassadors, who attend marathons and health events, introduce potential customers to the product. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. He will keep the family culture of Essentia that we have today, he said. BOTHELL In 1997, Ken Uptain was handed a bottle of water that changed his life. Continuity is really critical for the team. Essentia doesnt release sales numbers, but the company did say it expects to grow 90 percent in the next year. Essentia's investors include Castanea Partners and First Beverage Ventures. 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. Kenneth Uptain in Texas. However, within about one year, he realized the U.S. market wasnt ready for his product. Along with his background in sales, he said Millers experience building Tampico into an international brand will help with Essentias own global ambitions. 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. So much so that I retired from being semi-retired and started learning everything I could about ionization. Sign up for free newsletters and get more CNBC delivered to your inbox. A marker used in evaluating a persons hydration or dehydration level, blood viscosity changes depending on how hydrated a person is. 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. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. We really just connected as two guys caring about people and putting people first, he said. I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. What Could Elon Musk Possibly Be Thinking? But All The Ingredients Matter. It Starts Here And There. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Other brands hes worked with include PEPSI, Snapple, Gatorade and Dr. Pepper, among several others. The change is effective June 1. 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. In addition to growth, Uptain repeatedly returned to the subject of company culture in discussing Millers appointment. Todays bottled water brands need to satisfy taste buds to attain loyal customers. He decided to let the company incubate until the market was ready. By using our site, you agree to our use of cookies. Essentia Water is bottled in suave, black and red 1-liter bottles. The Remedy For Modern Brands? Martn Caballero May. And were starting to get talked about a lot.. Over the next 10 years, a small team of employees took orders and provided customer support. We have about 56 percent market share of alkaline water in the country.. Many health and grocery stores carry the water, and its readily available online. The company is working with Credit Suisse for the sale, the people said. 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. Join Facebook to connect with Kenneth Uptain and others you may know. Lived In Fort Worth TX, North Richland Hills TX. Who's Searching for You, Relatives, Associates, Neighbors & Classmates, Lawsuits, Liens or Bankruptcies found on Kenneth's To learn more about Essentia, please visit essentiawater.com or connect with Essentia on Facebook, Twitter, or Instagram. Though it took patience, Uptain said he never lost faith. 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. At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. Essentia hires Credit Suisse to lead a sale of the company. Overachieving H2O improves lives in more way than one. Find Ken Uptain's phone number, address, and email on Spokeo, the leading online directory for contact information. The colleagues of Ken Uptain. to see complete work history. He remains the companys largest shareholder. We use cookies to personalize & enhance your experience. # 42 Ken Griffin $30.2B Random fact: Gained 20 pounds after his funds lost $9 billion in 2008. After 22 years running the company, Uptain said he found himself slowing down, but also reevaluating how he can best support Essentias growth. Kazumi Mechling Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. BOTHELL, Wash.-- ( BUSINESS WIRE )--Essentia Water, the pioneer of ionized alkaline bottled water in the U.S., today announced that founder and CEO Ken . 13 records for Ken Uptain. 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. Yes, Investors Love Healthy Brands. Building that relationship is part of Uptains personal philosophy. 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. For the past 52 weeks, Essentia has recorded more than $136 million in retail measured sales with 84% growth . After working for a decade at the station, he is leaving the station on March 2, 2023. He never lost faith in the product or the public coming around. Ken Todd, born Kenneth Todd, is a retired English footballer who scored 11 goals in 52 games . This personal contact and word of mouth has become instrumental in growing the brand. As a consumer, there are countless options when it comes to choosing bottled water: glacial, spring, mineral, sparkling, flavored, etc. Got a confidential news tip? to see possibly who they are and full class lists found from school records and public sources. 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. 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. And a Car. The brand has roughly $100 million in annual sales and could attract interest from large consumer companies like Pepsi or Nestle. 220. Despite the disruption caused by the global COVID-19 pandemic, Uptain said the companys strong performance made him confident that the time was right to make a change in leadership. Learn more about Believe+ which focuses on meaningful contributions to our communities. See 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. Im not quick to make a decision until I really digest and think it through.. Thats behind Southern California and New York. I look forward to stepping into the role of CEO and continuing this incredible work, as we strive to make Essentia a global brand!. people learn more about others, just like Yelp does for (Podcast). In recent years, however, a new bottled water category has emerged: alkaline water, and its a segment within the market that Bothell-based, Harvest Mixed-Use Development to Launch Retail Hub in Woodinville, Beam Me Up, Bellevue: Crews Top Out 25-Story Office Tower, The Artise, UW Bothell and Bellevue College Are Collaborating on New Program Offerings, NIH Selects Issaquah Company to Showcase Habit-Coaching System, Bensussen Deutsch & Associates Appoints Martin as Chief Experience Officer. 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. But I quickly realized that drinking it made me feel better and top-level side... One day, a television station in Albany, New York earlier water drinks to claim health. They are and Full class lists found from school Records and public sources has roughly $ 100 million in measured. 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