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King Ranch Corporate Offices The deal catapulted Consolidated Citrus into the upper echelon of citrus producers and secured King Ranch's position as the largest citrus grower in the United States. 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. Expansion and Innovation in the 1940s-50s. King and Kenedy also used their shipping enterprise to supply the Confederate army. Company Ownership: Employee-owned King Ranch. 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. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. Both in the cattle business and in its other pursuits, the management and shareholders of King Ranch have expressed a commitment to the kind of experimentation and innovation that have helped the company thrive for so many years. Black Angus Beef Cattle, Feeder Calves and Replacement Heifers. Board - Ranching Heritage Association In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. 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. By late 1989, Coker had completed a draft ready to be sent out for peer review, a standard practice whereby academic . books that might be critical omissions. 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). A majority independent board with nine outside directors, four inside (including three founders). Board of Directors - Valor Ranch To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. These transplanted villagers went to work on the ranch. NNDB has added thousands of bibliographies for people, organizations, schools, and general topics, listing Board of Directors data for 2020 *with the ability to download the data for 2019 King Ranch Family Trust - GuideStar Profile RISMedia's 2022 Power Broker Report ranks Fathom Realty number 16 in total residential sales volume, up from number 22 in 2020. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. Three Riverway, Suite 1600 The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. Written by:Kristin HawkinsPublished on:August 10, 2021, Texas & Southwestern Cattle Raisers Association Special Ranger Mike Boone, District 23 in East , Continue Reading about Crime Watch: Horse stolen near Orange, Texas The Kindness Ranch Animal Sanctuary - GuideStar Profile 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. Sep 25, 2011. They may be accessed by the "Bibliography" tab at (Some members of management team are also on committees.). 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. 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. By the end of the Civil War, thousands of head of cattle were roaming the ranch, which had grown to nearly 150,000 acres in size. In 1867 King began using the Running W brand to mark his cattle. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. King Ranch continues to foster a culture of uncompromising quality, stewardship, and authenticitya true testament to Captain Kings integrity and commitment to the land. Official Website: . The company began actively exploring for oil and gas, rather than passively waiting for royalties on the oil and gas found on its property by others. 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. Phone: 301.529.9808 Houston, TX 77056 Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." Dick Kleberg died in 1955. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. The board has professionalized its auditing and accounting systems and reports to the family with the sane integrity as a public company. Before joining King Ranch, Hodgen spent six . During the first 15 years of the 20th century, King Ranch managed once again to thrive in the face of further droughts, wars with Mexican raiders, and Kleberg's failing health. Kleberg married King's daughter Alice the following year. Tio Kleberg continued to run the ranch's day-to-day operations. 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. 26, 2014. California Cattle Council Board - California Cattle Council work to identify new leadership with the same passion and dedication Robert has provided King Ranch for the last 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. Although it is perhaps most famous for its agribusiness segment (cattle breeding; horse breeding; farming; citrus groves; commodity marketing and processing; commercial hunting leases), King Ranch also oversees retail operations including luggage and leather goods, farm equipment, commercial printing, and tourism. Beginning of the Kleberg Family Reign in the 1880s. Fathom also ranked. St. James Press, 2004. 1989. After the passing of one of the ranch owners, the ranch management was left in the hands of Mark Eisele, who has worked on the ranch since the 1970s. 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. The result was a new breed, which they dubbed "Santa Gertrudis." Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Richard King born 1825-07-10 in Orange County, New York - 1885 (Ranch Owner) Henrietta Maria King born 1856-04-17 in Brownsville, Cameron, Texas, USA - 1917. Another turnover in management took place in 1995. Liked by Terry King. 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. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. Kleberg married King's daughter Alice the following year. 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. He also began to cross his cowherd with Shorthorn and Hereford bulls, since the expansion of the railroad made the Longhorn's ability to walk long distances irrelevant. January 14, 2021. He serves on the boards of King Ranch, Inc.; Chairman of the Management . Between 1869 and 1884, over 100,000 head of cattle from King Ranch made the trip. Smith, who last November was one of the first three outsiders to join the King Ranch board, will continue to direct Kimberly-Clark, a Dallas-based paper goods company. Dr. Espy has a solid resume of experiences and service to the veterinary profession . Indeed, by the late 1990s King Ranch's portfolio was hugely diversified, ranging from oil to citrus to cattle. (832) 681-5700. He then bought the parcels and annexed them to the ranch. The Kleberg family's choice to replace him as president and chief executive officer of the company was James H. Clement, the husband of Ida Larkin, one of Richard King's great-granddaughters (and Robert Kleberg Sr.'s granddaughters). Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." 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. Houston, TX 77056 Kleberg quickly became an indispensable part of the ranch's operation. King Ranch Board of Directors to Begin CEO Search, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. 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. 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. At the King Ranch, a Way of Life Is Riding Into the Sunset The Kleberg family's choice to replace him as president and chief executive officer of the company was James H. Clement, the husband of Ida Larkin, one of Richard King's great-granddaughters (and Robert Kleberg, Sr.'s, granddaughters). STEVE CHILDERS v. KING RANCH, INC. AND JACK HUNT--Appeal from 105th By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. Approximate Annual Company Revenues: Under $100 million Its been a journey of a lifetime, Underbrink said. King Ranch | Sand County Foundation 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. Agent Address. He will continue to serve as an advisor to the Company on various matters. Clement Jr., is the chairman of the King Ranch board of directors. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and All initiatives must produce cash flow to maintain the infrastructure to serve the main purpose of keeping the community informed. Tio Kleberg | East Foundation He serves as a board member of the Texas State Historical . With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. Annoying wild mustangs and donkeys were captured and shipped elsewhere. Board of Directors The Forgotten Children's Fund i. Jobs; . Watch what Chance Muehlstein, King Ranch Institute for Ranch Management graduate student, has to share about his Parker Ranch internship this past summer. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. James Clement - Land Resources Manager - King Ranch, Inc. - LinkedIn The board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. DeJuana Bivins Dick Kleberg died in 1955. 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. Board of Trustees - Anderson Ranch Arts Center He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. Angel has lived in Moreno Valley for 14 years, and spent two years at March Air Reserve Base (2003-2004). current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. A steamboat pilot by trade, King had arrived in southern Texas about eight years earlier to run a shipping operation on the Rio Grande with partner Mifflin Kenedy. All rights reserved. The front entrance to the King Ranch's 27-room, 37,000-square-foot Main House, with its stucco walls, red-tile roof, Italian-style carved friezes, and arched columns, has been described as "a . While King Ranch remained a powerful entity in the business world, a new thorn threatened to shadow its anniversary celebration. 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. "Tio" Kleberg is a member of the King Ranch Board of Directors and a member of the legendary King Ranch family. Kingsville, TX 78364 United States. 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. Tio graduated from Texas Military Institute in 1964. . Parker Ranch Inc. Appoints New Board Members 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 . are its most important asset. 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. As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. Finally, in 1899, an artesian well was drilled. A list of current Board of Directors iii. King Ranch had made significant changes in its operations since the early 1990s and its business environment would no doubt continue to transform into the years to come as management looked to diversify into new profitable areas. A steamboat pilot by trade, King had arrived in southern Texas about eight years earlier to run a shipping operation on the Rio Grande with partner Mifflin Kenedy. 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. San Antonio, TX. Range in Sheridan and Cherry Counties.. Stephen J. An independent Transition Committee of the board, consisting of the four independent directors, guided LDG through its transition from a 60% ESOP to a 100% ESOP in 2020 and selected the third CEO in the companys history. King Ranch is a corporation that is privately owned by around 60 people who are the descendants of Richard King. 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved. Duard King Boeing Dave Vogee Blaine Pubic Schools Rob Kline Project Manager . branding partnerships with Ford Motor Co., Textron Aviation and most recently with the Fertitta Family for the 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. Email: dbivins@king-ranch.com, King Ranch Corporate Offices Type of Private Board: Fiduciary 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. Type of Private Board: Fiduciary By the end of the 1860s, King Ranch longhorns were being sold in northern markets. King Ranch, Inc. in Kingsville TX - Company Profile - Corporation Wiki King Ranch Type of Private Board: Fiduciary Approximate Annual Company Revenues: $100 million-$350 million Company Ownership: Family-owned Governance highlights include: Phone: 832-681-5701 Dick Kleberg Jr. died in 1979, and soon after that his son, Stephen "Tio" Kleberg, took over management of King Ranch South Texas, the company's core ranch operation. As the 1990s opened, King Ranch faced a number of questions. In 1988, seeing a need to diversify, the family hired Darwin E . Tio Kleberg King Ranch Board of Directors. Corporate management at the ranch predated Jack Hunt. Ruling year info. TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. King also began to buy and sell cattle in huge numbers. Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. Robert J. Underbrink | President/CEO, King Ranch, Inc. The Board and the family owners are also very grateful to retiring CEO Robert J. Underbrink for his many years of dedicated leadership and service to the Company. The company is transforming itself into a holding company with the newspaper at the center. Houston, TX 77056 When King died in 1885, he left his entire estate to his wife, Henrietta. The result was a new breed, which they dubbed "Santa Gertrudis." 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. Grantmakers.io Profile - KING RANCH FAMILY TRUST First Flight Farm - Bio Benjamin Espy He began his career within the Animal Nutrition Division management team of Cargill, Inc. King Ranch has a rich, world-renowned legacy. Avery Rush No Affiliation Jeff Mitchell No Affiliation Lilia Escajeda No Affiliation Jane King No Affiliation Mike King No Affiliation Shannon Stapp No Affiliation . Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. 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. The company represents a colorful part of Texas history. Submit a correction or make a comment about this profile. (832) 681-5700. The awards were created to recognize private companies that go above and beyond legal governance requirements and commit to the highest levels of governance, whether through fiduciary or advisory boards. He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. TSHA | King Ranch - Handbook of Texas In the 1950s the company went international. The King Ranch Community Facilities District will appear on your property tax statement from Maricopa County as "CFD - King Ranch". 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). Three Riverway, Suite 1600 A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Yarborough to take control of King Ranch's oil and gas business. PO Box 1418. 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. Modern game management and preservation systems were also set up. Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. The Company continues to expand its operations. Internships - King Ranch Institute for Ranch Management King Ranch Board of Directors to Begin CEO Search. King split his time between his two businesses, steamboating and ranching, during this period. To learn more, visit www.privatecompanydirector.com. learn how over 7,000 companies got started! These transplanted villagers went to work on the ranch. Visit Site. pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. Before joining King Ranch, Hodgen was the managing director of private equity at New Yorker-based Amerra Capital Management LLC from 2015 to June 2021. . Cotton farming was another area into which the company plunged with a fair amount of success. Approximate Annual Company Revenues: $350 million-$1 billion Estate taxes had left the ranch with a $3 million debt, however, and for the next few years the company struggled to remain afloat, with Bob Kleberg acting as manager of its day-to-day operations. 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. By 1952 the company was sending livestock to outposts in Cuba and Australia in hopes of boosting production by introducing Santa Gertrudis genes into the mix. The GO debt and the O&M is . King Ranch. Fiduciary board awards were broken down by company revenues and ownership type. It is mainly a cattle ranch, but also produced the Triple Crown winning . Mark and his wife Trudy and their family, proudly carry on the . Although King Ranch management maintained that the suit had no merit, its legitimacy was upheld in appellate courts and went under review of the Texas Supreme Court. Underbrink to step down as King Ranch CEO | News | kingsvillerecord.com The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has A copy of the organization's exemption letter from the Internal Revenue Service, and iv. 74-6044809. Mr. Kleberg served on the King Ranch Board of Directors from 1974 to 1988. About Us - King Ranch Institute for Ranch Management The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. 310 East Wildwood. He also currently serves as a Director of Consolidated Citrus Limited Partnership, the . Governance highlights include: Daily Gazette of Schenectady The century-old King Ranch sits just outside of Cheyenne. Services. Texasmonthly.com: The King's Palace 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. In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. Chairman: Kevin Borie. By the end of the 1860s, King Ranch longhorns were being sold in northern markets.