Kleberg built fences to divide the sprawling ranch into more manageable units. That keeps the actual meeting time focused on strategic discussions. For Immediate Release. Prior to AMERRA, he served as Senior Vice President of J.D. Dick Started as a volunteer for the Forgotten Children's fund in the 1970's, became a member of the Board of Trustees in the mid 1980's, and has volunteered regularly over the years at the Forgotten Children's M-Bar-C Ranch on Whidbey Island. All rights reserved. In 1988, seeing a need to diversify, the family hired Darwin E . Much of the livestock ended up in the Chicago stockyards; other destinations included new ranches springing up in Oklahoma, Nebraska, Colorado, Wyoming, and Montana, as the cattle industry of the West began to mature. Before joining King Ranch, Hodgen spent six . Approximate Annual Company Revenues: $100 million-$350 million branding partnerships with Ford Motor Co., Textron Aviation and most recently with the Fertitta Family for the While it is perhaps most famous for its agribusiness segment (cattle breeding; horse breeding; farming; commodity marketing and processing; commercial hunting leases), King Ranch also explores and develops oil and gas properties through its King Ranch Oil and Gas, Inc. subsidiary. Its been a journey of a lifetime, Underbrink said. In 1976 Clement hired W.B. The company entered the new millennium preparing to celebrate its 150th anniversary in 2003. The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. Cal Farley's is a nonprofit 501(c)(3) corporation organized under the laws of the State of Texas. Company Ownership: Closely Held He then bought the parcels and annexed them to the ranch. Jul 2020 - Present2 years 9 months. When Mrs. King's estate was finally untangled, Kleberg's widow, Alice, and her children consolidated as much of the ranch as possible by purchasing the properties of other heirs. RISMedia's 2022 Power Broker Report ranks Fathom Realty number 16 in total residential sales volume, up from number 22 in 2020. King and Kenedy also used their shipping enterprise to supply the Confederate army. i. Texas and Southwestern Cattle Raisers Association, To Honor and Protect the Ranching Way of Life. Mark and his wife Trudy and their family, proudly carry on the . The external directors are adding value in development of a strategic plan that allows the company to grow and create value for employee-owners (debt, cash flow, investments). The Fence Task Force will address fencing inconsistencies and appearance on Ken-Caryl Ranch and develop recommendations for improvements to community perimeter fencing that borders major roads, greenbelts, open space, and other areas as needed. In addition, he is the equine veterinarian for King Ranch and has served on the King Ranch Board of Directors. Morocco and Spain soon followed as well. The company eventually established a presence in Brazil, Argentina, and Venezuela, where the techniques developed to clear mesquite brush in Texas could be used on South American rain forest. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kiñ-os, went into the retail clothing and luggage business. To learn more, visit www.privatecompanydirector.com. Board Certified Equine Reproduction. With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. Other businesses in which King Ranch is involved include residential real estate and a smattering of retail and commercial ventures near its Texas home turf. The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. He served as Secretary - Treasurer of King Ranch, Inc. from 1974 to 1980. The exact . Copyright 2023 King Ranch. Stephen J. As income from both cattle and petroleum operations declined, the company was forced to look for other business areas in which to try its hand. From its beginnings in the mid-19th century as a family cattle ranch, the company has evolved into a major multinational operation active in a variety of agricultural and energy-related activities. Duard King Boeing Dave Vogee Blaine Pubic Schools Rob Kline Project Manager . Before joining King Ranch, Hodgen spent six years as Managing Director at AMERRA Capital Management, where the Private Equity team under his leadership invested in six agribusiness and aquaculture platform companies and he served on the Board of Directors for two of those investments. Parts of King Ranch's property were opened not only to hunters, who pay nearly $3 million a year to shoot at deer, turkeys, and other animals, but to tourists as well. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. Type of Private Board: Fiduciary King split his time between his two businesses, steamboating and ranching, during this period. (Some members of management team are also on committees.). From 1999 until today he has served as Chairman of the Board of King Ranch, Inc. Meanwhile, as an outgrowth of the King Ranch Quarter Horse program, the company became involved in competition cutting--an arena event in which horses try to separate individual heifers from the herd--in the mid-1970s. Growth has been aggressively pursued. I feel as if I have been preparing for this role my whole life and look forward to applying the knowledge and experience Ive gained over my career to the many facets that make up the King Ranch.. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. . King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Services. James manages the ranch's horse operations and lives in a bungalow near . He is a founding board member of The Texas Agricultural Land Trust, Texan by Nature, and served on the East Foundation's Professional Advisors Group. Company Ownership: Family-owned Board of Directors data for 2023 *with the ability to . Hodgen, 45, brings nearly 25 years of executive leadership and, KINGSVILLE, July. Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. In addition, Kleberg serves as 1st Vice Chairman of the Texas A&M University-Kingsville Foundation and is a member of the CKWRI Advisory Board. Board is made up of six independent board members and one family member (the chairman) and includes three women and one director of color. The ranch covered more than 600,000 acres by this time. Finally, in 1899, an artesian well was drilled. Underbrink has been When King died in 1885, he left his entire estate to his wife, Henrietta. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. King Ranch. Six-member board today: five independent directors plus CEO. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. Name Occupation Birth DeathKnown for; Ray L. Hunt: Business: 6-Apr-1943 : Chairman of Hunt Oil . Captain King started up his ranch in 1853 in an area known at the time as the Wild Horse Desert or the Nueces Strip, bounded by the Nueces River on the north and the Rio Grande on the south. A lawsuit was brought against the company by the descendants of Major William W. Chapman, a business partner of Richard King during the formation of the ranch in the 1850s. Board of Directors data for 2020 *with the ability to download the data for 2019 Three Riverway, Suite 1600 King Ranch Board of Directors to Begin CEO Search. Cowboys Working in the Laureles Division - King Ranch Saddle Shop. During the 1970s, Clement began to feel that the company had become unwieldy, and he started selling off chunks of King Ranch's overseas real estate. Type of Private Board: Fiduciary "Tio" Kleberg was born in Austin, Texas, to Richard M. Kleberg Jr. and Mary Lewis Scott Kleberg. Two of five independent directors are women, including the chair. production, horses, wildlife management and recreation, and the production of a number of agricultural commodities King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. Yarborough, an independent petroleum operator and former Humble Oil geologist--not to mention the husband of Richard Kleberg Sr.'s daughter Katherine--decided to take on the task on a part-time basis. TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. In 1858 King built the first ranch house at the Santa Gertrudis site on a spot suggested by his friend Robert E. Lee, a young Lieutenant Colonel at the time. Company Chairman John D. Alexander, Jr. and John T. Steen III Vice-Chairman commented that the King Ranch Board is looking forward to working with Robert and are confident his broad professional experience along with a deep knowledge of finance and ag related investments make him a great choice to lead King Ranch into the future. Three Riverway, Suite 1600 Submit a correction or make a comment about this profile. Angel served honorably in the U.S. Army and California Army National Guard . 211 E. 7th Street, Suite 620, Austin, TX, 78701-3136, USA. In choosing Clement to lead King Ranch into the next generation, the family passed over Robert Shelton, a vice-president and King relative who had been raised by Bob Kleberg. Youth at Risk; DYS; . The chair (family) and CEO (currently non-family) roles are split and have been for many years. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. HOUSTON, February 24, 2022, For Immediate Release King Ranch, Inc. announced the continued expansion of King Ranch Ag & Turf in East Texas, with new stores planned in Livingston and Huntsville. "Tio" Kleberg is a member of the King Ranch Board of Directors and a member of the legendary King Ranch family. CONTACT: Warren Conway, Bricker Endowed Chair in Wildlife Management . in the United States. The board includes individuals from a wide variety of backgrounds and experiences, including accounting, engineering, higher education, community service, philanthropy, real estate development and health care. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. By that time, King Ranch had grown to well more than a million acres in size and was home to 94,000 head of cattle and 4,500 horses and mules, the quality of which had become very high through selective breeding. All rights reserved. Were excited, First Renewable Energy Development on King Ranch Noria Hondo 220MW Combined Solar and Battery Farm Project King Ranch is proud to be partnering with Talen Energy Corp. in the development of the first utility scale renewable energy project, Noria Hondo,, For Immediate Release January 14, 2021 (Houston, Texas) The King Ranch, Inc., Board of Directors today announced the search for a successor for the current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. (361) 595-5683. Annoying wild mustangs and donkeys were captured and shipped elsewhere. As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. Benjamin Espy, DVM, DACT. Both in the cattle business and in its other pursuits, the management and shareholders of King Ranch expressed a commitment to the kind of experimentation and innovation that helped the company to thrive for so many years. Chairman: Kevin Borie. Submit a correction or make a comment about this profile. Modern game management and preservation systems were also set up. The company eventually established a presence in Brazil, Argentina, and Venezuela, where the techniques developed to clear mesquite brush in Texas could be used on South American rain forest. King Ranch Feedyard. King Ranch. Neither King Ranch nor appellant contests the validity of the rule 11 agreements or assert consent was withdrawn. He began his career within the Animal Nutrition Division management team of Cargill, Inc. King Ranch has a rich, world-renowned legacy. Best practices taken from public boards: executive session preceding each quarterly board meeting, continual refreshment of board advisors to be certain that it is composed of individuals that have experience in the issues affecting the future of the company, board members act as much as possible like a public board. Kingsville, TX 78364 United States. However, the City has no liability for the debt. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. The boards of these companies were selected for recognition: Seven private companies were honored for governance excellence demonstrated by their fiduciary or advisory boards. Its employees Henrietta King died in 1925, at the age of 92. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. In the 1950s the company went international. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. King Ranch is a corporation that is privately owned by around 60 people who are the descendants of Richard King. Mr Duard King Tall Timber Ranch. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. Type of Private Board: Fiduciary At some 825,000 acres (3,340 km2; 1,289 sq mi) it is larger than the state of Rhode Island and country of Luxembourg. He negotiated a long-term lease for oil and gas rights on the entire ranch with Humble Oil and Refining Company, which later became Exxon. King Ranch is the largest ranch in the United States. "It's a great organization, with a lot of Texas heritage to it and a great culture. Type of Private Board: Fiduciary Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. Clement stated that Underbrink will remain President, CEO and a board member until a successor is announced. As President, he serves as principal executive officer, reporting directly to the board of directors, presiding over board-of-director meetings when present. Detailed process for selecting family members for board service, beginning with board observer roles, then submission of a resume, statement of why they wish to join the board, an oral statement and a four-hour interview, with an outside third party assisting. Copyright 2023 King Ranch. HOUSTON - August 9, 2021 - The King Ranch, Inc., Board of Directors announced that Robert Hodgen will be the new President and Chief Executive Officer of the company effective today. From 1971 to 1978 he managed the King Ranch cattle, wildlife, farm and horse operations. 0. The King Ranch Institute for Ranch Management teaches graduate students using a multi-disciplinary, systems approach to ranch management. From historic hunting trips to the Crown Jewel of the property, the "17-bedroom, 37,000-square-foot Mediterranean-style mansion, the land maintains its reputation by still running profitable ranch-like adventures, from cattle operations to citrus . All rights reserved. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. His son, Dick Jr., had been playing an increasingly important role in company affairs since the 1940s, and in 1969 he was named chairman of the King Ranch board of directors. Meanwhile, brother Dick served the company from the outside as president of the Texas and Southwestern Cattle Raisers Association and, beginning in 1931, as a seven-term member of the U.S. Congress. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. The company represents a colorful part of Texas history. Finally, in 1899, an artesian well was drilled. Richard Jr. King born 1860-12-15 in King's Ranch, Texas - 1922. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. The mission of the Kindness Ranch is to provide a sanctuary and place of rehabilitation for animals who have been used in laboratory research while fostering compassion for all animals. 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved. Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. Discover King Ranchs Affiliated Websites, Discover our legacy of handcrafted quality, Drive the bold ruggedness of the King Ranch Ford Truck, Find the highest quality turfgrass for your lawn, Explore the best bermuda greens grasses for golf courses, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. These four Divisions are located in six South Texas counties: Brooks, Jim Wells, Kenedy, Kleberg, Nueces, and Willacy. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the . Governance highlights include: Daily Gazette of Schenectady By 1952 the company was sending livestock to outposts in Cuba and Australia with the hope of boosting production by introducing Santa Gertrudis genes into the mix. Hodgen also served on Amerra's board of . In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. Dozens of private boards of directors were nominated for the 2021 Private Boards of the Year award, but seven stood out for their diligence, standards and outcomes. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. A copy of the . Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. Each location will have a 25,000 square foot, HOUSTON August 9, 2021 The King Ranch, Inc., Board of Directors announced that Robert Hodgen will be the new President and Chief Executive Officer of the company effective today. Principal Subsidiaries: King Ranch Holdings, Inc.; King Ranch Properties, Inc.; King Ranch do Brasil S.A. (Brazil); Big B Sugar Corp.; King Ranch Saddle Shop, Inc.; King Ranch Oil and Gas, Inc.; King Ranch Power Corp.; Kingsville Lumber Company; Robstown Hardware Company; Kingsville Publishing Company. Billionaire Stan Kroenke, owner of what are now the NFL's Los Angeles Rams, has purchased a massive Texas ranch that had a $725 million price tag. All board members also participate in the ESOP communications and administration committee. Mr. Kleberg served on the King Ranch Board of Directors from 1974 to 1988. a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Board of Directors data for 2021 *with the ability to download the data for 2019, 2018, 2017, 2016, 2015 Download it now for $125. Tio grew up on King Ranch in Kingsville, Texas, working summers with ranch operations. Email: dshaw@directorsandboards.com. This well, originating more than 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. All rights reserved. Heiskell & Co., a 135 year-old family-owned company focused on livestock feed manufacturing, domestic and international grain trading and logistics as well as biofuels production. Our alumni are progressive leaders and exceptional managers at some of the most diverse ranches in the country. In 1976 Clement hired W.B. Principal Competitors: AzTx Cattle Company; Cactus Feeders Inc.; Lykes Bros. Inc. Before joining King Ranch, Hodgen spent six years as managing director at AMERRA Capital Management, where the Private Equity team under his leadership invested in six agribusiness and aquaculture platform companies and he served on the board of directors for two of those investments. During the 1970s, Clement began to feel that the company had become unwieldy, and he started selling off chunks of King Ranch's overseas real estate. Clement Jr., is the chairman of the King Ranch board of directors. Board of Directors - 2022. One by one, the problems of running a growing ranch were addressed. expansion of the King Ranch Texas Kitchen restaurant concept. In 1858 King built the first ranch house at the Santa Gertrudis site on a spot suggested by his friend Robert E. Lee, a young lieutenant colonel at the time. In the 1950s the company went international. Hodgen holds a B.S. Parts of King Ranch's property were opened not only to hunters--who since 1979 were able to pay nearly $3 million a year to shoot at deer, turkeys, and other animals--but to tourists as well. Four years later he became the first president of King Ranch Oil and Gas, Inc., a new wholly owned subsidiary formed to handle all of King Ranch's petroleum affairs. Kleberg quickly became an indispensable part of the ranch's operation. King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. Is King Ranch a real ranch? (832) 681-5700. Known Addresses for King Ranch, Inc. 141 West-Lauro's Hl Kingsville, TX 78363 1415 Louisiana St Houston, TX 77002 3 Riverway Houston, TX 77056 PO Box 1210 Belle Glade, FL 33430 8050 S US Highway 27 South Bay, FL 33493 PO Box 1090 Kingsville, TX 78364 17 Miles E Kingsville, TX 78363 8 W Miles Kingsville, TX 78364 405 S 6th St Kingsville, TX . books that might be critical omissions. 2020 BY KING'S HOME (FORMERLY THE KING'S RANCH AND HANNAH HOMES) NTEE code info. "I was surprised when I got a call, and honored," King said Friday. Alexander will be Tio Kleberg commented on the company's diversification in a 1995 U.S. News & World Report: "We no longer see ourselves in the cattle business, as such. more than 50,000 books and 120,000 other kinds of references. King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. We are in the resource-management business. Dick Kleberg died in 1955. Avery Rush No Affiliation Jeff Mitchell No Affiliation Lilia Escajeda No Affiliation Jane King No Affiliation Mike King No Affiliation Shannon Stapp No Affiliation . A private company, King Ranch is owned by 60 or so descendants of company founder Captain Richard King, a legendary figure in the history of cattle ranching in the United States. Watch what Chance Muehlstein, King Ranch Institute for Ranch Management graduate student, has to share about his Parker Ranch internship this past summer. The 825,000-acre King Ranch covers nearly 1,300 square miles, an area larger than the entire state of Rhode Island, on four separate Divisions of land known as Santa Gertrudis, Laureles, Norias, and Encino. top of page. By that time, King Ranch had grown to well over a million acres in size and was home to 94,000 head of cattle and 4,500 horses and mules, the quality of which had become very high through selective breeding. Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. The family started an advisory board in 2012 and changed to a fiduciary board in 2015. Sep 25, 2011. In the September 25, 2001 agreement, appellant agreed and stipulated to extend the October 19, 2001 . (832) 681-5700. January 14, 2021. Dick Nord is a Builder/Developer, affiliated as a Real Estate Broker with Windermere Commercial Real Estate in Skagit County WA. The sixth annual awards recognize fiduciary boards (those tasked with protecting shareholders, with the authority to vote on decisions that are binding for company management) as well as advisory boards (more informal boards that have no binding regulations, but often a significant strategic role). King Ranch, Inc., is a privately-held agricultural production and resource management company established in 1853. Dick Kleberg died in 1955. Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." Modern game management and preservation systems were also set up. I am honored to have the opportunity to serve as the next CEO and look forward to leading such a competent and capable team, Hodgen said. Regardless of its future path, the King Ranch name and its Running W brand would surely continue as one of the most widely recognized identities in the industry. Corporate Governance and Nominating Committee which will be guiding the Boards search effort. Kingsville, Texas. The ranch is a commercial cow/calf operation that has been in Jeff's family since the early 1870s. Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. Stephen "Tio" Kleberg was educated at Texas Tech University in Lubbock, Texas where he received a Bachelor of Science in Animal Science and Business, followed by two years of service in the United States Army as lieutenant. St. James Press, 2004. United States. He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Founders of the organization sought to address the loss of historically significant ranch structures to time and the elements. Range in Sheridan and Cherry Counties.. Dick Nord. King Ranch, Inc. (trading name, 2013-07-02 - ) Agent Name. Board has advised management on issues including strategic planning, risk management, organizational design to show employees they have a path for growth and development within the firm, which areas of growth to invest in, DEI, COVID pandemic response. From 1969 to 1971, he served as a Lieutenant in the U. S. Army . Chartered as a Texas non-profit corporation in 1969, the Association's stated purpose was to preserve the physical, social and cultural aspects of ranching and to perpetuate the traditions intrinsic values and history of one of our nation's most important industries. James H. Clement, Jr. 25. The descendants claimed that Robert Kleberg had worked for both Richard King and Chapman's widow during a land settlement issue, creating a distinct conflict of interest. In order to expand the ranch during its early years, King hired a lawyer to seek out the owners of the old land grants throughout the area. The board has professionalized its auditing and accounting systems and reports to the family with the sane integrity as a public company. In addition, the number of company shareholders had increased over the years through inheritances, and the very future of the ranch as a single entity was called into question. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. He began his career within the Animal Nutrition Division management team of Cargill Inc. King Ranch has a rich, world-renowned legacy. Phone: 832-681-5701 These transplanted villagers went to work on the ranch. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kinenos, went into the retail clothing and luggage business. Governance highlights include: Commerce State Bank His son, Dick, Jr., had been playing an increasingly important role in company affairs since the 1940s, and in 1969 he was named chairman of the King Ranch board of directors. Willie Pakebusch. The awards honor the performance of the board as a whole. After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. Jeannie has been a board member of the Aspen Education Foundation since moving to Aspen six years ago. in Animal Science from Oklahoma State University and an MBA in Finance from The Wharton School of the University of Pennsylvania. He worked at the East Bay Regional Park District in a variety of positions for 38 years, beginning in 1974. A management upheaval took place in 1987 when, within the span of half a year, Clement retired as president of King Ranch and Yarborough retired as president of the King Ranch Oil & Gas subsidiary.