He is a graduate of the California Ag Leadership Program (Class 36) and previously served as a director of the National Grain and Feed Association. 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 top of most pages, or via the "Related Topics" box in the sidebar. 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. 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. in the United States. However, the City has no liability for the debt. The Private Company Governance Summit now in its ninth year, is the only national conference focused on the unique governance challenges for owners, shareholders, directors and advisory board members of closely held, family-owned and private equity-owned companies. 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. 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 . King Ranch continues to foster a culture of uncompromising quality, stewardship, and authenticitya true testament to Captain Kings integrity and commitment to the land. Morocco and Spain soon followed as well. The company represents a colorful part of Texas history. 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 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). Kleberg married King's daughter Alice the following year. In 1969, he received a B. S. in Animal Science at Texas Tech University. 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. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. Several new ways to generate revenue were found over the next few years. Alfred Ashbrook King born 1916-07-19 in Nueces, TX, USA - 2006. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. From 1999 until today he has served as Chairman of the Board of King Ranch, Inc. 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. The Board of Directors of King Ranch, Inc. appointed Mr. Underbrink as Vice President of Farming Operations in June 1998. King Ranch Board of Directors to Begin CEO Search, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. The boards of these companies were selected for recognition: Seven private companies were honored for governance excellence demonstrated by their fiduciary or advisory boards. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. A copy of the . 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. All rights reserved. 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. 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 horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. Specific information related to the desired use of the grant ii. Contact: DeJuana Bivins 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.. COPYRIGHT | PRIVACY POLICY | TERMSOFUSE, about Crime Watch: Horse stolen near Orange, about Texas, Oklahoma weekly livestock auction summaries for March 3, about U.S. drought monitor and summary report for Feb. 28, Texas, Oklahoma weekly livestock auction summaries for March 3, U.S. drought monitor and summary report for Feb. 28. When King died in 1885, he left his entire estate to his wife, Henrietta. Two weeks ago two other . No Affliation. 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. 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. The board works hard to know and understand their customers. 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. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company. "I was surprised when I got a call, and honored," King said Friday. Private Independent Foundations (T22) 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. In 1867 King began using the Running W brand to mark his cattle. Board meetings include reviewing overdrafts and past-due loans. Officials with King Ranch Inc. announced today that the breakfast, a longstanding tradition in South, King Ranch Corporate Offices Jul 2020 - Present2 years 9 months. The 50,000-acre ranch, which features Spanish-style cottages and usually has a full working staff, was settled in 1882 by a Texas Ranger named John Armstrong III, who passed the land on to the family. The ranch is a commercial cow/calf operation that has been in Jeff's family since the early 1870s. In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. 210.861.4765. benespy@icloud.com. Immediate Past Chairman: Forrest DeBuys . 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. That keeps the actual meeting time focused on strategic discussions. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. . 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. 5-member advisory board is diverse and includes just one family member (Raj Gupta, the executive chair). "Tio" Kleberg is a member of the King Ranch Board of Directors and a member of the legendary King Ranch family. The chairman considers the performance of each member prior to their term renewal. The exact . Image credit: Chas S Middleton & Son. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. 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. King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. Between 1869 and 1884, more than 100,000 head of cattle from King Ranch made the trip. To learn more, visit www.privatecompanydirector.com. In the 1950s the company went international. 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. 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. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. 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. During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. (832) 681-5700. 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. branding partnerships with Ford Motor Co., Textron Aviation and most recently with the Fertitta Family for the (361) 595-5683. 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. ANTHONY A. SIMMONS, director. I was just honored to be considered for the board. Approximate Annual Company Revenues: Under $100 million Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. Robert has been an energetic and respected leader for the Company, commented John Alexander, who chairs the Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. James manages the ranch's horse operations and lives in a bungalow near . Submit a correction or make a comment about this profile. Dr. Espy has a solid resume of experiences and service to the veterinary profession . 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. 2, 2021, For Immediate Release King Ranch Inc. announced Friday that the 30th Annual Ranch Hand Breakfast will be held on November 20, 2021. Dick Kleberg died in 1955. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. Copyright (c) 2022 Company-Histories.com. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. 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. Members of the Cal Farley's board of directors volunteer their time, talents, leadership and prayers on behalf of the children and families whose lives Cal Farley's transforms every day. However, in 1853, he founded the King Ranch that has, ever since, been a staple in Texas history. 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. All board members also participate in the ESOP communications and administration committee. 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 . 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. Company Ownership: Employee-owned King Ranch Corporate Offices Annoying wild mustangs and donkeys were captured and shipped elsewhere. King and Kenedy also used their shipping enterprise to supply the Confederate army. 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. Willie Pakebusch. 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. 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. 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." 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 Running W eventually became one of the most widely recognized marks in the history of the cattle industry. The Company continues to expand its operations. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. 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. Approximate Annual Company Revenues: $350 million-$1 billion King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. Compared to last week: Feeder steers and heifers sold mostly steady to 4.00 higher, , Continue Reading about Texas, Oklahoma weekly livestock auction summaries for March 3, This week's drought summary Modern game management and preservation systems were also set up. Please feel free to suggest These four Divisions are located in six South Texas counties: Brooks, Jim Wells, Kenedy, Kleberg, Nueces, and Willacy. The result was a new breed, which they dubbed "Santa Gertrudis." After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. learn how over 7,000 companies got started! King Ranch Corporate Offices Three Riverway, Suite 1600 Houston, TX 77056 (832) 681-5700 Tio and his wife Janell have 3 children, 6 grandchildren and reside at the King Ranch in Kingsville, Texas. He is a trustee of the Caesar Kleberg Foundation for Wildlife Conservation. He worked at the East Bay Regional Park District in a variety of positions for 38 years, beginning in 1974. 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. COMPANY. Three Riverway, Suite 1600 Rodney serves on the Board of Directors for the Kings Water Alliance, Central Valley Dairy Representative Monitoring Program, and the California Dairy Environmental Justice Fund. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Services. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. Main address. Company Ownership: Employee-owned Expansion and Innovation in the 1940s-50s. 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. 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). In 1976 Clement hired W.B. 10 years.. Board of Directors data for 2020 *with the ability to download the data for 2019 Sprawled across 1,300 square miles of Texas hills, desert and coastal prairies, King Ranch is among the top hunting destinations in North America, and one of the Lone Star . King Ranch. CONTACT: Warren Conway, Bricker Endowed Chair in Wildlife Management . King split his time between his two businesses, steamboating and ranching, during this period. 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. Ruling year info. Governance highlights include: Larsen Design Group Inc. 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 board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. 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. The ranch managed to survive its early years in spite of a hostile environment created by the presence of bandits, unhappy Indians, and the usual assortment of rustlers, raiders, and ruffians associated with the Wild West. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. They may be accessed by the "Bibliography" tab at Dennis Waespi was elected to the Board of Directors in November 2014. Published Jul. We are in the resource-management business. Growth has been aggressively pursued. 0. 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. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. 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. A replay of the awards presentation is available here: https://vimeo.com/561269813. Directors / Officers. 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.