Jack Owoc, the owner of Bang Energy, is a Mormon who founded the company in 1993. Originally, the company was just 350 square feet, but today it occupies over 2.6 million square feet of real estate globally. Learn more about his life and work at Bang Energy. Also, find out about his children and faith.
Jack Owoc is the CEO of Bang Energy
Born in the United States, Jack Owoc is a business executive who served as the CEO of Bang Energy. He has extensive experience in the consumables industry and is skilled in negotiation, business planning, and operations management. He is married to Meg Liz Owoc, who is a senior director of marketing at Bang Energy. They have five children. Jack Owoc and his wife have been married for ten years.
Jack Owoc is a religious man who has become an advocate for spirituality and natural living. Before founding Bang Energy, he taught high school science and English. He also volunteered with the Internal Suspension Program for almost a decade, providing training programs and whole-food eating strategies. In addition to launching Bang Energy, Owoc is also involved in other companies in the energy and supplements industry.
He founded the company in 1993
Founded in 1993, Bang Energy is a company dedicated to creating natural, caffeine-free energy drinks. While the company has remained relatively unknown until recently, its success is evident. Despite its early flops, the company has become enormously successful over the years. As a result, it has become a household name and has provided consumers with high-quality drinks.
The company is based in San Francisco, California, and has more than 50 patents and trademarks. In April of this year, the company signed a deal with PepsiCo to distribute its products, but that deal was terminated a few months later after Pepsi’s lawsuit. According to Owoc, the PepsiCo distribution deal didn’t live up to the company’s standards. Meanwhile, Bang Energy also sued PepsiCo and Monster Beverage over a similar dispute. The companies settled out of court in April 2022 and Monster Beverage was ordered to pay more than $185 million in damages. The company has also been accused of misleading consumers.
He has four daughters
Jack Owoc, the CEO of Bang Energy, is a sixty-year-old American. A former high school science teacher, he now focuses on making the supplement industry more transparent and pure. He is also a religious and spiritual person. Before starting Bang Energy, Owoc worked as a freelancer and became aware of the supplement industry. This exposure led him to pursue his passion.
Jack Owoc was born in South Florida and is of Korean descent. He is married to Meg Liz Owoc, who is a vice president for sales at Bang Energy. Together, they have four daughters and a son due in August 2021. They have made a name for themselves in the business community and have earned a respectable net worth.
He is a Mormon
The Owner of Bang Energy is a Mormon who founded the company in 2001. He is also a devoted advocate for spirituality and whole foods. Prior to founding the company, Jack Owoc was a high school science teacher. He taught six different science disciplines and English. He also was a part of the Internal Suspension Program for almost a decade. There, he learned about the supplement industry and its practices.
Jack Bang studied at Florida Atlantic University and was born into a business family. After graduating, he taught high school students about science and math. Besides teaching science, he also took classes in English. He also served as a prison guard for nine years. After that, he founded the company, which went on to be named one of the fastest-growing companies in 2020.
He has filed for bankruptcy
It was a big year for Bang Energy, which generated $1.3 billion in revenue last year. The brand surpassed PepsiCo’s RockStar Energy to become the third largest energy drink brand in the country. But the company’s parent company, VPX, has filed for Chapter 11 bankruptcy protection. While the company will remain open for business, the bankruptcy filing is a huge distraction for its leadership team.
The bankruptcy filing is a result of multiple legal issues. The company is owed nearly $350 million to several banks, including PepsiCo and Monster. Monster Energy is the largest unsecured creditor, and it has sued Bang for false advertising. However, the company is still expected to restructure and turn things around with additional funding worth $100 million.