Who is CEO of Bang

by / ⠀Blog Entrepreneurship / December 8, 2024
Who is CEO of Bang

The CEO of Bang is American entrepreneur, businessman, and philanthropist Jack Owoc. Jack Owoc was born in the United States on June 15th, 1961. He is best known as being the Chief Executive Officer of Bang Energy, a sister company of Vital Pharmaceuticals.

Early Life

Jack Owoc went to Florida Atlantic University, the same college that comedian Carrot Top attended. Strangely enough, Owoc was already born into a family of entrepreneurs, but he was not an entrepreneur till later in life.

Early in his life, Owoc started out as a high school science teacher. He taught six different science classes as well as English, and health, and also ran internal suspension for nine years. During his tenure, Owoc began to develop good eating habits along with exercise programs to get into peak shape. Owoc says that he does things differently by basing everything on science.

Discovery

With his clients, he kept details on their nutrient profiles. He noticed that in one month, a group of clients did not lose body fat despite their hard training exercises and food intake. He changed variables in his training regime and food and noticed that they needed a substitution for egg protein. In the early 90s, the only egg white protein was an egg protein supplement that was consumed twice a day. Owoc tested the egg supplement and found that it had ninety percent maltodextrin, ash, and moisture, but no protein.

Owoc was furious about this, but it got worse when his best friend, a professional basketball player got the egg supplement, supported by Owoc. The player has a serious allergy to milk protein and started to choke, almost passing away. Luckily, his wife rescued him and got him to the hospital. Owoc took it upon himself to expose the supplement company to the media and one even shut down and went out of business. He then went on to research and work on supplements that had an actual effect on people. To this day, they continue to nonstop test their products at VPX/Bang/Redline HQ.

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Founding a Business

Jack Owoc founded Vital Pharmaceuticals in 1993 at the age of 38. Owoc worked hard for his goals. At one point, the CEO of Bang was even sleeping on an air mattress, which shows how hard he worked for them. Owoc had in mind to “make the highest quality nutritional supplements on the market, backed by scientific research.”

He wanted to have a supplement company that set high standards for manufacturing because he was tired of the “lies and deception that unscrupulous supplement companies were using to purposefully rip off consumers.” Owoc takes all of this very seriously and wants to run Bang Energy like a pharmaceutical company and adhere to its standards. This is actually why VP(X) stands for Vital Pharmaceuticals with the X appearing lower than VP similar to how it appears in RX.

Due to Bank Energy’s nutritional benefits and claims, it has made the drink insanely popular. Bang Energy also used to make VPX Redline aimed to assist in fat loss. It was available as Xtreme, RTD, and Redline Liquid Caps. Redline RTD would stop selling when Bang Energy was clearly more successful in 2011. Bang is now one of the top five most popular energy drink products in the United States.

Now, they make a wide variety of caffeinated and caffeine-free drinks, vitamins, pre-workouts, post-workouts, and so much more. They even have their own clothing line along with shoes and accessories.

Personal Life

Jack Owoc married Meg Liz Owoc, the Senior Director of Marketing at Bang Energy. She even owns her own brand called Meg Liz Swim and Sportswear. She is the VP of Sales and Design of the company as well as its main brain. He has four daughters and one son. His net worth is believed to be around $124 million.

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In 2020, the South Florida Business Journal Award claimed Bang Energy as one of the fastest-growing companies of the year. Owoc is also very popular online with 1.1 million followers on Instagram. By 2020, Bang was the third highest-selling energy drink in the United States.

Commitment to Innovation and Health

Jack Owoc consistently pushes the boundaries of innovation in the health and fitness industry. He emphasizes the importance of creating effective, science-based products to improve lives. His dedication inspires his team to prioritize quality and customer trust.

By focusing on transparent practices and rigorous testing, Owoc ensures his products stand out in a competitive market. His vision also includes fostering a culture that values health, education, and personal growth. This passion drives Bang Energy’s continued success and growing influence.

Present

Bang Energy, which has faced various legal and financial challenges, remains a dominant force in the energy drink market. In 2022, its parent company, Vital Pharmaceuticals (VPX), filed for bankruptcy protection under Chapter 11 to reorganize after suffering significant setbacks, including a $293 million lawsuit loss to Monster Beverage. Despite this, CEO Jack Owoc remains committed to the brand’s future, asserting that the company is not for sale and is actively raising capital to expand its distribution network.

Moreover, Bang Energy has faced additional legal disputes, such as a trademark infringement lawsuit with Monster Beverage that resulted in a $175 million arbitration award and a 5% royalty on all future sales of Bang Energy drinks. Despite these hurdles, Owoc continues to express confidence in Bang’s future, with a strong emphasis on its ability to recover and thrive in the beverage industry.

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The company also remains involved in a lawsuit with Universal Music Group over alleged copyright infringements related to music used in its social media promotions. This case highlights ongoing legal complexities surrounding the use of copyrighted materials by brands on social media platforms.

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About The Author

Tristan Anderson

Hello! My name is Tristan Anderson and I live in Manhattan, Kansas. I enjoy being in nature and animals. I am also a huge geek who loves Star Wars and has a growing collection.

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