kmechling@essentiawater.com Dan recently interviewed Ken Uptain, founder and CEO of Essentia Water. By using our site, you agree to our use of cookies. At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. Essentia Water In 1998 the founder of Essentia Water, Ken Uptain, was introduced to ionization technology and alkaline water in Japan. For the past 52 weeks, Essentia has recorded more than $136 million in retail measured sales with 84% growth . 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 am honored to join the Essentia team at such a pivotal time for the business, said Scott Miller, CEO, Tampico Beverages. Were twice as big as the nearest competitor, Uptain said. My health wasnt good.. to see possibly who they are and full class lists found from school records and public sources. Still, the upstart beverage space has become increasingly competitive. 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.. 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 . 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. 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. Lacie Marsh-Carroll is rekindling her Snohomish candle company with new designs and products. Neal Estano is a meteorologist who works at WNYT, a television station in Albany, New York. At the time, Holsworth, used a machine in his office to make his own alkaline water for his family practice patients. According to Essentias incoming CEO, that means keeping the brands entrepreneurial spirit strong even as it scales. 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. Between traveling and business, when Im not doing those two things, its golf or fishing. 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. Essentia Water announced today that founder and CEO Ken Uptain will be shifting into a new role as the companys Executive Chairman, with Scott Miller, CEO of Tampico Beverages, chosen as his successor. He will keep the family culture of Essentia that we have today, he said. Learn more in our Privacy Policy. 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. 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. Bai Brands, which sweetens its drinks with antioxidant-laden fruit juices, sold to Dr Pepper Snapple Group in 2017 for $1.7 billion. So much for retirement. Lots Of Questions. I felt burnt out, he said. He remains the companys largest shareholder. Seattle has become the third largest market for Essentia, which has headquarters at 22833 Bothell Everett Highway, Suite. Ken Uptain 23 Ratings Your trust is our top concern, so companies can't alter or remove reviews. Speaking with BevNET, Miller said he was humbled, honored and privileged to be joining Essentia. Uptain discovered that when the product launched, the public wasnt interested in experimenting with their water just yet. 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 . 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. But years later, after leaving construction, working in real estate and becoming semi-retired, I discovered that not all water is created equal. 47 times It is part of the hot "functional water" category, with competitors like Core Hydration and Lifewtr. He launched the Bothell-based Essentia Water the following June, in 1998. But its kind of what we do. 2 Family, Parents, Siblings, Education. Yes, Investors Love Healthy Brands. Overnight on Wall Street is daytime in Asia. He never lost faith in the product or the public coming around. Essentia doesnt release sales numbers, but the company did say it expects to grow 90 percent in the next year. 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. Check all background information that MyLife has gathered. With that funding comes the growing threat of copycats nipping at the hottest brands' heels. The colleagues of Ken Uptain. This product is one where we take municipal water, we purify it, clean it, and make a product thats faster hydrating than any other.. Pretty photos of snow-capped mountains on the label no longer cut it. Subscribe to our newsletter for access to Stop for Nothing: An Artist Discovery Series presented by Essentia and Interscope Records. to see complete work history. View FREE Public Profile & Reputation for Kenneth Uptain in Othello, WA - See Court Records | Photos | Address, Email & Phone Number | Personal Review | Income & Net Worth Essentia Waters roots began in 1998. Over the next 10 years, a small team of employees took orders and provided customer support. * 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. 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. government sources. KeVita, a kombucha drink that claims to improve digestive health, sold to PespiCo in 2016 for an undisclosed amount. Every day I am excited to wake up and start the workday. 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. 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. On this week's episode of IDEA GENERATION, Scooter Braun takes us on a journey from his days as a college dropout and party promoter in Atlanta, to becoming one of the most successful music executives on the planet. The people I see go out of business, never manage their expectations. Markets never sleep, and neither does Bloomberg. See Brand ambassadors, who attend marathons and health events, introduce potential customers to the product. . Im not quick to make a decision until I really digest and think it through.. By continuing, you agree to our cookie policy. 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. After two decades on the market, Essentia has developed into a premier bottled water brand that is nearing $180 million in annual retail sales, numbers that have attracted rumors of a potentially colossal exit. GDPR INFORMATION Founded by CEO Ken Uptain in 1998, Essentia was one of the earlier water drinks to claim special health benefits. We shared a lot of common dialogue and had similar alignment in our thinking.. This third-party data is then indexed through methods similar to those used by Google or Bing to create a listing. That's a big jump from their decline of roughly 6 percent from 2012 to 2013. Uptain lives in Bothell with his wife, Cathy, and has no plans to relocate Essentia Water headquarters. businesses, and does affect the Reputation Score. records, Lawsuits, Liens, Bankruptcies & sex offender status for Kenneth Uptain. This personal contact and word of mouth has become instrumental in growing the brand. Companies similar to Essentia are often valued at four to six times revenue, said people familiar with the business. 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. At Essentia, we believe a better you starts with a better water. 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. We use cookies to personalize & enhance your experience. Links are provided for reference only and MyLife.com does not imply any connection or relationship between MyLife.com and these companies. Check Full Reputation Profile Essentia Water A longtime supporter of Housing Hope, Lamoureux helped launch the Windermere Foundation Golf Tournament. Kenneth maintains relationships with many people -- family, friends, associates, & neighbors -- including Larry Briggs, Allan Adsitt, Jack Radonski, Sigrid Hardtke and Marland Drake. 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. 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. Uptain wasnt expecting that degree of local popularity. 220. 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. Uptain was only in his mid-40s when he retired. It Starts Here And There. 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. The brand has roughly $100 million in annual sales and could attract interest from large consumer companies like Pepsi or Nestle. 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. After 22 years running the company, Uptain said he found himself slowing down, but also reevaluating how he can best support Essentias growth. Today, Im proud to say that Essentia Water is available in grocery and convenience stores throughout the country. 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. Miller said he is looking forward to returning to his roots in DSD, he said, having spent his career on the customer relationship side of the business. # 42 Ken Griffin $30.2B Random fact: Gained 20 pounds after his funds lost $9 billion in 2008. If [my employees] look at me and Im not happy or not in a good mood, its a big deal. Facebook gives people the power. 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! 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. Why? Thats behind Southern California and New York. We like to walk the talk. The Edmonds gathering celebrates women and diversity with this years theme, EmbraceEquity.. The first ionized alkaline bottled water offered in the United States, Essentias philosophy is that a better you starts with a better water. 310.775.7635 (mobile), Ashley Short IonQ says quantum computing systems are key to addressing climate change, energy and transportation. And while we all start somewhere, with Essentia theres no limit to where we can go. 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. Boston, MA 02210, (781) 208-7375 They have also lived in Clearfield, UT and Salt Lake City, UT. The ones I see stay in business and be successful, manage them. Alkaline water has been popular in Japan for decades, but hadnt infiltrated the American bottled water market yet. In honor of Womens History Month, we spotlight three local business owners. Since 1998, Ken has managed the vision and top-level business side of Essentia Water. At the time, it was only for investment purposes, but I quickly realized that drinking it made me feel better. to see possible family members, friends, co-workers, and associates found from multiple government records, social and public sources. It was already viewed Ashley.Short@porternovelli.com We dont overpromise and underdeliver as a company. Friends, Neighbors, or Classmates. 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. Courtesy Of MN Custom Homes Read moreHome of the Month. A Division of NBCUniversal. He has been with the station for over 30 years and is known for his expertise in forecasting the weather in the region. 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. It is likely to catch the eye of the country's biggest beverage brands, they added. Other brands hes worked with include PEPSI, Snapple, Gatorade and Dr. Pepper, among several others. Today, Essentias Company Mission is: To improve lives through Essentia Hydration and inspire people everywhere to do the things that matter most to them. In addition to growth, Uptain repeatedly returned to the subject of company culture in discussing Millers appointment. Bothells Essentia Water founder and CEO Ken Uptain said he expected the American market more receptive to an alternative bottled water. They have also lived in North Richland Hills, TX and Fort Worth, TX. 2. We havent found anybody in the world who has a study like weve done, Uptain said. A marker used in evaluating a persons hydration or dehydration level, blood viscosity changes depending on how hydrated a person is. Because MyLife only collects this data and does not create it, we cannot fully guarantee its accuracy. I also worked with different companies to ensure that our process could be used on any water source, anywhere around the world. Its proprietary ionization process removes acidic ions, making its drinks. Learn More. BevNET Live Summer 2018 Video: Ken Uptain Talks Essentia Culture, Leadership and Growth, Lessons From a CEO: Ken Uptain of Essentia. Newton, MA 02462, (617) 630-2400 Building that relationship is part of Uptains personal philosophy. This profile was gathered from multiple public and Every county in the country is covered by someone selling Essentia, Uptain said. Overachieving H2O improves lives in more way than one. This site is protected by reCAPTCHA Enterprise and the Google, Believe+ Corporate Social Responsibility Platform. 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! Reviews help Not surprisingly, Uptain was exhausted. 332 Congress Street, 5th Floor 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. 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.. Newsletter for access to Stop for Nothing: an Artist Discovery Series by. Acidic ions, making its drinks create it, we spotlight three local business owners a jump!.. to see possibly who they are and full class lists found from multiple public and every county in next. 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