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. Our alumni are progressive leaders and exceptional managers at some of the most diverse ranches in the country. Submit a correction or make a comment about this profile. These four Divisions are located in six South Texas counties: Brooks, Jim Wells, Kenedy, Kleberg, Nueces, and Willacy. We accept mature and experienced students with ranch management experience, and teach them . Three Riverway, Suite 1600 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. Richard Jr. King born 1860-12-15 in King's Ranch, Texas - 1922. Kingsville, Texas. It is mainly a cattle ranch, but also produced the Triple Crown winning . Mr. Kleberg served on the King Ranch Board of Directors from 1974 to 1988. Underbrink has been Prior to AMERRA, he served as senior vice president of J.D. 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. 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. He served as Secretary - Treasurer of King Ranch, Inc. from 1974 to 1980. As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. Mr Duard King Tall Timber Ranch. (Houston, Texas) The King Ranch, Inc., Board of Directors today announced the search for a successor for the Type of Private Board: Fiduciary When King died in 1885, he left his entire estate to his wife, Henrietta. Ruling year info. Tio Kleberg continued to run the ranch's day-to-day operations. 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. King Ranch Type of Private Board: Fiduciary Approximate Annual Company Revenues: $100 million-$350 million Company Ownership: Family-owned Governance highlights include: Who lives on King Ranch? The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. Kleberg built fences to divide the sprawling ranch into more manageable units. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. Board of Directors data for 2020 *with the ability to download the data for 2019 Kleberg quickly became an indispensable part of the ranch's operation. 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 top of most pages, or via the "Related Topics" box in the sidebar. Kingnow covers 825,000 acresmore land than the state of Rhode Island. Alexander will be After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. King Ranch operates extensive turfgrass operations and is the majority owner of one of the largest citrus producers 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. The merger--structured as a stock swap worth $53 million between King Ranch and St. Mary shareholders--included properties in the Gulf of Mexico and the onshore Gulf Coast. 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. 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. In order for this to happen, the cattle had to be driven thousands of miles to railroad points as far away as St. Louis, and later, Abilene, Kansas. King Ranch Corporate Offices Three Riverway, Suite 1600 Houston, TX 77056 (832) 681-5700 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. January 14, 2021. Six-member board today: five independent directors plus CEO. Mark and his wife Trudy and their family, proudly carry on the . 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.. Two weeks ago two other . Copyright (c) 2022 Company-Histories.com. In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. Under Kleberg's management, operations at the ranch were streamlined and made more efficient. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. 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. 2020 BY KING'S HOME (FORMERLY THE KING'S RANCH AND HANNAH HOMES) learn how over 7,000 companies got started! Is King Ranch a real ranch? King Ranch Board of Directors to Begin CEO Search, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. All rights reserved. Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. Beef was not the only thing King Ranch was able to breed successfully. Official Website:http://www.king-ranch.com/, Do you know something we don't? King Ranch is the largest ranch in the United States. To get the company back in the black, Kleberg turned to petroleum. Beef was not the only thing King Ranch was able to breed successfully. They have been active on the boards and national councils of many local nonprofits, including Anderson Ranch Arts Center, the Aspen Music Festival, the Roaring Fork Music Society, Jazz Aspen and Aspen Words, among others. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. Type of Private Board: Fiduciary Kleberg married King's daughter Alice the following year. DeJuana Bivins As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. We are in the resource-management business. Before joining King Ranch, Hodgen spent six . This well, originating over 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. 26, 2014. The family is in its 7th generation, and we believe the time is right to proceed with According to a 2003 New York Times article, "The ruling could set an important precedent for questioning the legitimacy of land titles secured in Texas in the 19th century, especially for Hispanic families who contend that land grants dating to the Spanish empire were taken over by white settlers through fraudulent methods." 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. 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 serves on the boards of King Ranch, Inc.; Chairman of the Management . During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. President, CEO and a member of the board for 10 years, and an employee for 36 . His buying trips frequently took him into Mexico. . King Ranch Feedyard. Texas and Southwestern Cattle Raisers Association, To Honor and Protect the Ranching Way of Life. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. Indeed, by the late 1990s King Ranch's portfolio was hugely diversified, ranging from oil to citrus to cattle. a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. These transplanted villagers went to work on the ranch. "Tio" Kleberg is a member of the King Ranch Board of Directors and a member of the legendary King Ranch family. Contact: He then bought the parcels and annexed them to the ranch. King Ranch. King Ranch. Annoying wild mustangs and donkeys were captured and shipped elsewhere. Smith's reign lasted only a year. 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. 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. . Dennis Waespi was elected to the Board of Directors in November 2014. 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. Clement was replaced by Kimberly-Clark CEO Darwin Smith, who became the first chief executive in company history with no familial ties to founder Richard King. In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. For questions, contact Darci Cross at darcic@kcranch.org 303-979-1876, ext. Dick Kleberg died in 1955. branding partnerships with Ford Motor Co., Textron Aviation and most recently with the Fertitta Family for the President, CEO and a member of the board for 10 years, and an employee for 36 years. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Contact: DeJuana Bivins 267 were here. The GO debt and the O&M is . 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. 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. When King died in 1885, he left his entire estate to his wife, Henrietta. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. The company is transforming itself into a holding company with the newspaper at the center. Company Ownership: Employee-owned Three Riverway, Suite 1600 Phone: 832-681-5701 Approximate Annual Company Revenues: Under $100 million Robert has brought to King Ranch. The work of the EPC consists primarily of formulating, organizing, and presenting a variety of continuing education programs for the AAEP. In the 1950s the company went international. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. including cotton, milo, sugar cane, almonds and pistachios and various vegetables. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. All rights reserved. Smith's reign lasted only a year. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Type of Private Board: Fiduciary Prior to AMERRA, he served as Senior Vice President of J.D. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. All rights reserved. During the first fifteen years of the twentieth century, King Ranch managed once again to thrive in the face of further droughts, wars with Mexican raiders, and Kleberg's failing health. 109. "I was surprised when I got a call, and honored," King said Friday. 4 years ago. He then bought the parcels and annexed them to the ranch. 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. Land Resources Manager. Source: International Directory of Company Histories, Vol.60. 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. 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. 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. King Ranch continues to foster a culture of uncompromising quality, stewardship, and authenticitya true testament to Captain Kings integrity and commitment to the land. 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. Finally, we can read about how these great companies came about with Company Histories.. Robert J. Underbrink. King split his time between his two businesses, steamboating and ranching, during this period. 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. King Ranch, Inc. (trading name, 2013-07-02 - ) Agent Name. Dick Nord is a Builder/Developer, affiliated as a Real Estate Broker with Windermere Commercial Real Estate in Skagit County WA. (361) 595-5683. Approximate Annual Company Revenues: Under $100 million Services. From its beginnings in the mid-nineteenth 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. Valor Ranch. A majority independent board with nine outside directors, four inside (including three founders). Approximate Annual Company Revenues: $100 million-$350 million By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has branding partnerships which include Ford Motor Co.. Board of Directors - 2022. I feel as if I have been preparing for this role my wholelife and look forward to applying the knowledge and experience Ive gained over my career to the many facets that make up the King Ranch.. Fathom also ranked. 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. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. 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. A series of Pacific low pressure and frontal systems moved across the , Continue Reading about U.S. drought monitor and summary report for Feb. 28. 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. Their descendants, who became known as kinenos (King's men), have formed the core of the King Ranch workforce ever since. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. The event was postponed in 2020 due to the COVID-19 pandemic. Internet Explorer presents a security risk. Cal Farley's Boys Ranch Board of directors as of 02/13/2023 SOURCE: Self-reported by organization . Clement was replaced by Kimberly-Clark CEO Darwin Smith, who became the first chief executive in company history with no familial ties to founder Richard King. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. The ranch is a commercial cow/calf operation that has been in Jeff's family since the early 1870s. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. work to identify new leadership with the same passion and dedication Robert has provided King Ranch for the last King Ranch began selling Santa Gertrudis bulls to other ranchers in the 1930s, and in 1940 the U.S. Department of Agriculture recognized Santa Gertrudis as the first ever American-produced beef breed. PHILADELPHIA--(BUSINESS WIRE)--Seven private company boards were honored for their business governance excellence at the 2021 Private Company Governance Summit June 9-11, live online. The board works hard to know and understand their customers. Although 60,000 head of cattle still graze King Ranch's sprawling acreage and the company remains a major force in the cattle industry, King Ranch has evolved into a distinct agribusiness and energy corporation. Type of Private Board: Fiduciary Robert has been an energetic and respected leader for the Company, commented John Alexander, who chairs the King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. United States. King and Kenedy also used their shipping enterprise to supply the Confederate army. Name Occupation Birth DeathKnown for; Ray L. Hunt: Business: 6-Apr-1943 : Chairman of Hunt Oil . Morocco and Spain soon followed as well. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. Before joining King Ranch, Hodgen spent six years as [] On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. Modern game management and preservation systems were also set up. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. As we move ahead, we will PO Box 1418. Seven private company boards were honored for their business governance excellence at the 2021 Private Company Governance Summit on June 9, 2021. Underbrink has been . 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. Governance highlights include: C.G. Range in Sheridan and Cherry Counties.. In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. Todays King Ranch is a major agribusiness with interests in cattle ranching, farming (citrus, cotton, grain, sugar cane, and turfgrass), luxury retail goods, and recreational hunting. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. As part of its strategy to build profit in its agriculture business, the newly created firm acquired the Turner Foods groves from Florida Power & Light. He is a trustee of the Caesar Kleberg Foundation for Wildlife Conservation. Another turnover in management took place in 1995. Jeannie has been a board member of the Aspen Education Foundation since moving to Aspen six years ago. 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. Jul 2020 - Present2 years 9 months. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. In 1867 King began using the Running W brand to mark his cattle. King and Kenedy also used their shipping enterprise to supply the Confederate army. Company Ownership: Employee-owned The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. The century-old King Ranch sits just outside of Cheyenne. 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. 310 East Wildwood. RISMedia's 2022 Power Broker Report ranks Fathom Realty number 16 in total residential sales volume, up from number 22 in 2020. 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). As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. more than 50,000 books and 120,000 other kinds of references. 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. Copyright 2023 King Ranch. Finally, in 1899, an artesian well was drilled. Email: dshaw@directorsandboards.com. Chairman: Kevin Borie. TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. 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. 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. 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. Phone: 832-681-5701 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. 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. "It's a great organization, with a lot of Texas heritage to it and a great culture. 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. Corporate management at the ranch predated Jack Hunt. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." 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. King Ranch is the largest ranch in the United States. 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. When Hunt told his board of directors at a meeting in Houston that he wanted to pay a consulting firm $500,000 to do a study assessing the King Ranch's environmental problems, Tio glared at him . They join other board members Michael W. Gibson, Warren H. Haruki, Robert L. Hind III, Timothy E. Johns, David H. McCoy (Board chairman), Brendan G. Moynahan, Randolph G. Moore, Herbert M. (Monty) Richards Jr., and Arthur C. Tokin. He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. Image credit: Chas S Middleton & Son. Privacy Policy, Barles, Pete, "He Stayed Ahead of the Herd; Be Bold: Richard King, With Grit and Innovation, Built the World's Largest Ranch,", Chapman, Art, "Texas Supreme Court Ruling Adds Appeal to Legendary King Ranch Celebration,", "The Fabulous House of Kleberg: A World of Cattle and Grass,", Gonzalez, John W., "Nostalgia, Prestige Rules Kingsville, Texas, Ranch Auction,", "The King Ranch: The Last Frontier Empire Confronts the Modern World,", Pare, Terence, "New Chairman Tenderfoot Takes Over,", Romero, Simon, "Betting the Ranch, a Really Big One,". Jamey Clement is a Retired Chairman of the Board of King Ranch, Inc., where he has also served as vice president and treasurer. Committees including Nominating and Governance, Audit and Risk, Compensation and Talent, and Innovation. While King Ranch remained a powerful entity in the business world, a new thorn threatened to shadow its anniversary celebration. King Ranch, Inc., is a privately-held agricultural production and resource management company established in 1853. 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 . The King Ranch Institute for Ranch Management teaches graduate students using a multi-disciplinary, systems approach to ranch management. Copyright 2023 King Ranch. Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. 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. Modern game management and preservation systems were also set up. 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. He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. 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. King Ranch, Inc., is a privately-held agricultural production and resource management company established in 1853. 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. By the end of the 1860s, King Ranch longhorns were being sold in northern markets. Tio retired from management after 35 years of service and was elected to the King Ranch Board of Directors in 1995 where he serves today. These innovations included mechanized brush control methods, the identification of new and better grasses, and the development of better corrals for working cattle. 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. (Houston, Texas) -The King Ranch, Inc., Board of Directors today announced the search for a successor for the. During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. Neither King Ranch nor appellant contests the validity of the rule 11 agreements or assert consent was withdrawn.

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