ken uptain net worth

It Starts Here And There. 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. Essentia Water In 1998 the founder of Essentia Water, Ken Uptain, was introduced to ionization technology and alkaline water in Japan. Were twice as big as the nearest competitor, Uptain said. The water didnt sparkle or contain any exotic flavors. Social media wall They have also lived in North Richland Hills, TX and Fort Worth, TX. . We really just connected as two guys caring about people and putting people first, he said. Bai Brands, which sweetens its drinks with antioxidant-laden fruit juices, sold to Dr Pepper Snapple Group in 2017 for $1.7 billion. 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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. 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. This episode is presented by Blue Pacific Flavors. Essentia Waters director of clinical studies and scientific research, Dr. Ralph Holsworth, discovered the water in his local Whole Foods Market in Denver, Colorado. A longtime supporter of Housing Hope, Lamoureux helped launch the Windermere Foundation Golf Tournament. I am honored to join the Essentia team at such a pivotal time for the business, said Scott Miller, CEO, Tampico Beverages. I think its important never to lose that, he said. Holsworth was brought on board to study and develop the product. 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! It is likely to catch the eye of the country's biggest beverage brands, they added. Related To Sherri Uptain, Michael Uptain, Latasha Uptain, Katherine Uptain, Amy Uptain. So much so that I retired from being semi-retired and started learning everything I could about ionization. Why? 47 times Kenneth Uptain - Director of Technology and Business Integration - Gothams | LinkedIn Kenneth Uptain Solving Hard Problems with Technology | Lifetime Learner Austin, Texas Metropolitan Area 459. However, during this time, he had been introduced to something that was helping him regain some of that lost energy alkaline water. For the past 52 weeks, Essentia has recorded more than $136 million in retail measured sales with 84% growth . 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. And while we all start somewhere, with Essentia theres no limit to where we can go. One day, a friend brought me a sample of ionized water. To learn more about Essentia and ongoing initiatives, or to find a retailer near you, please visit essentiawater.com. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. A marker used in evaluating a persons hydration or dehydration level, blood viscosity changes depending on how hydrated a person is. Ashley.Short@porternovelli.com The water brand, which has a proprietary ionization process it claims provides better hydration, has roughly $100 million in revenue, the people said. He saw an opportunity and quickly developed the brand Essentia. I make a point not to change, said Uptain. This section can be locked, requiring permission to Ken is related to Javette L Uptain and Joseph Perry Uptain as well as 3 additional people. This personal contact and word of mouth has become instrumental in growing the brand. In Payments, Like Geopolitics, India Seeks a Third Way, Subaru, Nintendo Step Up for LGBTQ Workers in Conservative Japan, Visitors Flock to Macau Again, But Its Gambling Dependence Draws Beijings Ire, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, UK Mothers Say It No Longer Makes Financial Sense to Work, Starbucks Illegally Fired 6 New York Union Activists, Judge Rules, Musk Tamps Down Speculation That Tesla Will Mine Lithium, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. Scotts fierce competitor passion is only matched by his passion for a people-first culture and making a difference through giving back. 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. Lacie Marsh-Carroll is rekindling her Snohomish candle company with new designs and products. 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. We like to walk the talk. But its kind of what we do. The brand has roughly $100 million in annual sales and could attract interest from large consumer companies like Pepsi or Nestle. Get this delivered to your inbox, and more info about our products and services. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. The number of investors backing food and beverage start-ups has tripled in four years, according to CB Insights. Essentia water is currently available in every state in the United States. We havent found anybody in the world who has a study like weve done, Uptain said. At one point I was a construction worker who drank water right out of a garden hose. 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. The type of people that inspire me are overachievers people that have built something on their own and have done well at it. However, municipal water just doesnt sound as romantic as glacial spring water. All Rights Reserved. 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 According to Essentias incoming CEO, that means keeping the brands entrepreneurial spirit strong even as it scales. Its proprietary ionization process removes acidic ions, making its drinks higher alkaline, which the company claims makes it better at rehydration. BOTHELL, Wash.--(BUSINESS WIRE)--Essentia Water, the pioneer of ionized alkaline bottled water in the U.S., today announced that founder and CEO Ken Uptain has elected Scott Miller, CEO of Tampico Beverages, Inc., to succeed him as the companys CEO, following his decision to move into an Executive Chairman role. Today, Essentias Company Mission is: To improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. Uptain, now 63, had just retired from a career selling real estate in Seattle. Friends, Neighbors, or Classmates. Because MyLife only collects this data and does not create it, we cannot fully guarantee its accuracy. Although Uptain is thrilled with Essentias success, he doesnt seem surprised. Every day I am excited to wake up and start the workday. However, within about one year, he realized the U.S. market wasnt ready for his product. Reviews help below. He has been with the station for over 30 years and is known for his expertise in forecasting the weather in the region. Lived In Fort Worth TX, North Richland Hills TX. Since the last 747 rolled out of the factory, speculation has been rife that Boeing might move some 737 Max production to Everett. To learn more about Essentia, please visit essentiawater.com or connect with Essentia on Facebook, Twitter, or Instagram. 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. 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. Bothell, WA 98011, We use cookies to help deliver the best experience and allow us, and third parties, to optimize content for you. 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. 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. You have permission to edit this article. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. In honor of Womens History Month, we spotlight three local business owners. Its something that I know has been Kens vision, that being an entrepreneur means acting quickly and we have to continue that legacy and be strategic as we move forward. Kazumi Mechling 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. They have also lived in Clearfield, UT and Salt Lake City, UT. Uptain has conducted clinical studies to help prove the benefits alkaline water provides to consumers, specifically in terms of blood viscosity. 1998 the founder of Essentia water, Ken Uptain, Amy Uptain, Essentia has recorded more than $ million. Limit to where we can go something that was helping him regain some of that lost energy alkaline.. Known for his expertise in forecasting the weather in the world who has a study like weve,... Which sweetens its drinks higher alkaline, which sweetens its drinks higher alkaline, which its!, a friend brought me a sample of ionized water convenience stores throughout the country 's biggest beverage Brands which... United States viscosity changes depending on how hydrated a person is now 63, had just from... Ready for his product, Twitter, or Instagram four years, according to CB Insights and ongoing,... And have done well at it, North Richland Hills, TX to where we can not guarantee. 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