78212-1756. The board has established term limits for board members and their continued service is determined on the basis of their performance on the board. 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. . Founders of the organization sought to address the loss of historically significant ranch structures to time and the elements. Both iterations of the board trained up the family members, who did not have governance backgrounds. Underbrink has been. The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. Within a decade, through a combination of strategic horse purchases and the application of its fabulously successful breeding techniques, King Ranch had established a dynasty of champion cutting horses. 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 Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. 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. He is a trustee of the Caesar Kleberg Foundation for Wildlife Conservation. California Cattle Council Board - California Cattle Council 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. Benjamin Espy, DVM, DACT. The ranch covered more than 600,000 acres by this time. Valor Ranch. (832) 681-5700. Robert has brought to King Ranch. Image credit: Chas S Middleton & Son. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Known for; Roger L. Jarvis: Business: c. 1954 : CEO of Spinnaker Exploration, 1996-2005: CURRENT BOARD MEMBERS OR DIRECTORS. 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. Dick Kleberg died in 1955. The King Ranch's board of directors unanimously promoted Houston's Robert J. Underbrink, 49, to president, CEO and a director of the diversified agribusiness company in Kingsville last week. Fiduciary board awards were broken down by company revenues and ownership type. 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. The result was a new breed, which they dubbed "Santa Gertrudis." The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kiñ-os, went into the retail clothing and luggage business. King Ranch Type of Private Board: Fiduciary Approximate Annual Company Revenues: $100 million-$350 million Company Ownership: Family-owned Governance highlights include: The Kindness Ranch Animal Sanctuary - GuideStar Profile Several new ways to generate revenue were found over the next few years. Cal Farley's is a nonprofit 501(c)(3) corporation organized under the laws of the State of 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. The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has 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. By the end of the 1860s, King Ranch longhorns were being sold in northern markets. Board - Ranching Heritage Association As the 1990s opened, King Ranch faced a number of questions. King Ranch Family Trust - GuideStar Profile 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. Range in Sheridan and Cherry Counties.. Committees including Nominating and Governance, Audit and Risk, Compensation and Talent, and Innovation. Morocco and Spain soon followed as well. He will continue to serve as an advisor to the Company on various matters. are its most important asset. 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. Phone: 832-681-5701 Kleberg married King's daughter Alice the following year. The GO debt and the O&M is . Approximate Annual Company Revenues: $100 million-$350 million We are in the resource-management business. Jul 2020 - Present2 years 9 months. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the . Chairman: Kevin Borie. Spade Ranch | Ellsworth NE - Facebook A copy of the organization's exemption letter from the Internal Revenue Service, and iv. 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. 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. 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. Is King Ranch a real ranch? Phone: 832-681-5701 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. Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and Youth at Risk; DYS; . 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 1969, he received a B. S. in Animal Science at Texas Tech University. Dr. Espy has a solid resume of experiences and service to the veterinary profession . By this time, the newer, nonagricultural businesses were accounting for more than half of the company's income, and Tio Kleberg was the only King descendant still actively working the ranch. Is Boots O Neal Still Alive - Clothes Questions King Ranch names Robert Hodgen new CEO - Texas and Southwestern Cattle Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and production, horses, wildlife management and recreation, and the production of a number of agricultural commodities including cotton, milo, sugar cane, almonds and pistachios and various vegetables. Their descendants, who became known as kinenos (King's men), have formed the core of the King Ranch workforce ever since. Dick Kleberg died in 1955. 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. King Ranch board appoints new CEO - mySA Approximate Annual Company Revenues: Under $100 million King Ranch CFD | City of Goodyear He was then appointed as Senior Vice President in March 2008 and was appointed as President/CEO, as well as a Director, in June 2010. When King died in 1885, he left his entire estate to his wife, Henrietta. succession planning for this important role.. Kleberg quickly became an indispensable part of the ranch's operation. BUSINESS PEOPLE; King Ranch Appoints An Outsider Chairman As consumers, we often take for granted all the hard work that goes into building a great company. Governance highlights include: C.G. King Ranch Names Robert Hodgen New CEO - King Ranch 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. Three Riverway, Suite 1600 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. Houston, TX 77056 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. Yarborough to take control of King Ranch's oil and gas business. Clement Jr., is the chairman of the King Ranch board of directors. Wyoming 2015 King Ranch Cheyenne, WY Leopold Conservation Award Recipient. He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. From 1999 until today he has served as Chairman of the Board of King Ranch, Inc. Tio Kleberg continued to run the ranch's day-to-day operations. King Ranch Corporate Offices King Ranch operates extensive turfgrass operations and is the majority owner of one of the largest citrus producers Is King Ranch a real ranch? Underbrink has been President, CEO and a member of the board for 10 years, and an employee for 36 years. All rights reserved. These four Divisions are located in six South Texas counties: Brooks, Jim Wells, Kenedy, Kleberg, Nueces, and Willacy. January 14, 2021. Between 1869 and 1884, over 100,000 head of cattle from King Ranch made the trip. Sep 25, 2011. In the 1950s the company went international. Along the way, the ranch's selective breeding efforts intensified. Jessica Hobbs, Author at King Ranch Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Kingnow covers 825,000 acresmore land than the state of Rhode Island. 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. The family is in its 7th generation, and we believe the time is right to proceed with Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company. Type of Private Board: Advisory 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. The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has branding partnerships which include Ford Motor Co.. Ward 4 Board Member. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Type of Private Board: Fiduciary These transplanted villagers went to work on the ranch. In 1867 King began using the Running W brand to mark his cattle. Copyright 2023 King Ranch. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. 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. learn how over 7,000 companies got started! in the United States. books that might be critical omissions. Jamey Clement is a Retired Chairman of the Board of King Ranch, Inc., where he has also served as vice president and treasurer. Board of Directors - 2022. All rights reserved. King Ranch began selling Santa Gertrudis bulls to other ranchers in the 1930s, and in 1940 the United States Department of Agriculture recognized Santa Gertrudis as the first ever American-produced beef breed. In 1853, Captain Richard King purchased a creek-fed oasis in the Wild Horse Desert of South Texas, sparking generations of integrity, preservation, and innovation. Avery Rush No Affiliation Jeff Mitchell No Affiliation Lilia Escajeda No Affiliation Jane King No Affiliation Mike King No Affiliation Shannon Stapp No Affiliation . 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 City Council serves as the Board of Directors. King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. Approximate Annual Company Revenues: Under $100 million 4 years ago. The suit claimed that Kleberg deceived Chapman's widow, defrauding her out of control of the Rincon de Santa Gertrudis, a parcel of land equal to approximately 7,500 acres. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. The King Ranch Legacy - King Ranch King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. Texas and Southwestern Cattle Raisers Association, To Honor and Protect the Ranching Way of Life. Before joining King Ranch, Hodgen spent six . Private Independent Foundations (T22) They may be accessed by the "Bibliography" tab at 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. Board of Directors data for 2023 *with the ability to . In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. And we all feel we have a lot of resources to manage.". Type of Private Board: Fiduciary Board meetings include reviewing overdrafts and past-due loans. Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. Governance highlights include: King Ranch These innovations included mechanized brush control methods, the identification of new and better grasses, and the development of better corrals for working cattle. The awards presented at the online 2021 Private Company Governance Summit on June 9, honor private company boards that best serve their stakeholders owners, shareholders, employees and community with best practices in their structure and performance. No Affliation. Hodgen, 45, brings nearly 25 years of executive leadership and, KINGSVILLE, July. It is mainly a cattle ranch, but also produced the Triple Crown winning . Governance highlights include: Daily Gazette of Schenectady The King Ranch name and its Running W brand, first used by Captain King 1869 when he became a sole proprietor, continue as one of the most widely recognized identities in the industry. Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. 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. 1946. Angel served honorably in the U.S. Army and California Army National Guard . Cowboys Working in the Laureles Division - King Ranch Saddle Shop Contact: DeJuana Bivins That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. Terry King - Real Estate Broker Associate - Fathom Realty - LinkedIn King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. Along the way, the ranch's selective breeding efforts intensified. Tio graduated from Texas Military Institute in 1964. Houston, TX 77056 Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." All rights reserved. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Succession of family members on the board has been developed with age limits implemented for older board members and 10-year term limits implemented for new family board members. Governance highlights include: Ulteig Engineers Inc. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. James H. Clement, Jr. | Houston Trust Company Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. 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). 1989. Hodgen holds a B.S. Therefore, the trial court was tasked with the ministerial duty to grant relief in strict accordance with the parties' agreements. Mark and his wife Trudy and their family, proudly carry on the . 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. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. In 1854 King brought north not only all of the cattle from one particular Mexican village suffering through a drought, but all of the village's humans as well. 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. Board of Trustees - Anderson Ranch Arts Center Principal Competitors: AzTx Cattle Company; Cactus Feeders Inc.; Lykes Bros. Inc. Clement stated that Underbrink will remain President, CEO and a board member until a successor is announced. 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. Tio Kleberg continued to run the ranch's day-to-day operations. Submit a correction or make a comment about this profile. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. President, CEO and a member of the board for 10 years, and an employee for 36 . A list of current Board of Directors iii. With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. . Today only one of the estimated two hundred lineal descendants of Richard and Henrietta King works and lives full-time on the ranch: 31-year-old James Clement III, whose father, Dallas resident James H. Clement Jr., is the chairman of the King Ranch board of directors. Governance highlights include: MLR Media publishes Directors & Boards, Family Business and Private Company Director magazines, and produces the Private Company Governance Summit; the Transitions (Spring and Fall) and Family Business Legacy & Wealth conferences; The NextGen Summit and the Transformational Women in Family Business and Character of the Corporation forums. Finally, in 1899, an artesian well was drilled. President, CEO and a member of the board for 10 years, and an employee for 36 years.
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