King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. We accept mature and experienced students with ranch management experience, and teach them . 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. Hodgen holds a bachelors degree in animal science from Oklahoma State University and an masters degree in finance from The Wharton School of the University of Pennsylvania. 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. Before joining King Ranch, Hodgen spent six . Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. King Ranch Board of Directors to Begin CEO Search. King's Home Board of Directors. The result was a new breed, which they dubbed "Santa Gertrudis." He is a trustee of the Caesar Kleberg Foundation for Wildlife Conservation. 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. Smith's reign lasted only a year. This well, originating more than 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. Two of five independent directors are women, including the chair. 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. It is mainly a cattle ranch, but also produced the Triple Crown winning . 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. As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has These innovations included mechanized brush control methods, the identification of new and better grasses, and the development of better corrals for working cattle. Before joining King Ranch, Hodgen spent six years as [] 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 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. 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). 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. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. James H. Clement, Jr. 25. Schmidt Fathom also ranked. With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. 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. . Robert has been a highly capable CEO, who helped the Company diversify and pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. 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. Phone: 832-681-5701 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 . 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. Three Riverway, Suite 1600 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. PO Box 1090. 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. 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. 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. The King Ranch itself covers about 825,000 acres--slightly larger than the state of Rhode Island--on four separate divisions of land in South Texas known as the "Home Ranches": Santa Gertrudis, Laureles, Norias, and Encino. In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. While King Ranch remained a powerful entity in the business world, a new thorn threatened to shadow its anniversary celebration. January 14, 2021. When an acquisition was canceled because of the financial impact of COVID-19, the board played a role in retaining employees who were preparing to leave when the acquisition was to be completed. Approximate Annual Company Revenues: $350 million-$1 billion King also began to buy and sell cattle in huge numbers. For questions, contact Darci Cross at darcic@kcranch.org 303-979-1876, ext. Wyoming 2015 King Ranch Cheyenne, WY Leopold Conservation Award Recipient. the point of contact for all inquiries relating to the search. 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. Type of Private Board: Fiduciary 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. The century-old King Ranch sits just outside of Cheyenne. Mr. Kleberg served on the King Ranch Board of Directors from 1974 to 1988. Main address. They may be accessed by the "Bibliography" tab at Fiduciary board awards were broken down by company revenues and ownership type. "Tio" Kleberg is a member of the King Ranch Board of Directors and a member of the legendary King Ranch family. Annoying wild mustangs and donkeys were captured and shipped elsewhere. 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. Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. 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. Robert has brought to King Ranch. Morocco and Spain soon followed as well. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. Meeting time shifted from management doing most of the talking to the advisors doing the majority of the talking and management listening. (Some members of management team are also on committees.). Land Resources Manager. Each independent board member serves on either the audit, governance and nominating, or management development and compensation committee. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. 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. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. succession planning for this important role.. He serves on the boards of King Ranch, Inc.; Chairman of the Management . 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. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kinenos, went into the retail clothing and luggage business. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. King Ranch. By the end of the 1860s, King Ranch longhorns were being sold in northern markets. Kingsville, Texas, United States. 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. He will continue to serve as an advisor to the Company on various matters. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. Underbrink has been, KINGSVILLE Aug. 25, 2020 For Immediate Release Visitors will have to wait one more year for the 30th Annual King Ranch Ranch Hand Breakfast. 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. (832) 681-5700. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. From 1979 to 1988 he managed the South Texas Agricultural operations. 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. 109. Beef was not the only thing King Ranch was able to breed successfully. 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. Name Occupation Birth DeathKnown for; Ray L. Hunt: Business: 6-Apr-1943 : Chairman of Hunt Oil . Contact: Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. 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. Board of Directors data for 2020 *with the ability to download the data for 2019 . It is mainly a cattle ranch, but also produced the Triple Crown winning . Smith's reign lasted only a year. These transplanted villagers went to work on the ranch. 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. Dick Nord. 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). He then bought the parcels and annexed them to the ranch. King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. 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. Houston, TX 77056 Specific information related to the desired use of the grant ii. These innovations included mechanized brush control methods, the identification of new and better grasses, and the development of better corrals for working cattle. This well, originating over 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. Visit Site. Term: 2018 - 2020. Expansion and Innovation in the 1940s-50s. 10 years.. We see them around but we don't know what goes on behind the scenes. Approximate Annual Company Revenues: Under $100 million Six-member board today: five independent directors plus CEO. That keeps the actual meeting time focused on strategic discussions. Their descendants, who became known as kinenos (King's men), have formed the core of the King Ranch workforce ever since. 267 were here. 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. 1989. 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. Its employees After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. Alexander will be Committees do a lot of detail work, saving board meetings for more strategic topics. Kingsville, Texas. Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. 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. King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. On-site handling of all carbon, solar, and other renewable business development projects . The board has established term limits for board members and their continued service is determined on the basis of their performance on the board. Profile for KING RANCH FAMILY TRUST (Kingsville, TX - EIN 746044809) including grantees and board members as of 2019 tax year. Range in Sheridan and Cherry Counties.. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. 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. In the September 25, 2001 agreement, appellant agreed and stipulated to extend the October 19, 2001 . in the United States. Committees: Governance Plus (the plus refers to business succession), Finance/Audit, Risk/Cyber/Safety, Business Investment and Diversification. 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. Company Ownership: Family-owned Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. 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. 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.. Annoying wild mustangs and donkeys were captured and shipped elsewhere. 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,". Image credit: Chas S Middleton & Son. 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. 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. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. All rights reserved. Directors / Officers. 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. 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 board also helped with the development of a three-year strategic plan and two new office locations nationally in 2020 and 2021, with an additional location planned for 2021. King split his time between his two businesses, steamboating and ranching, during this period. 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. 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. Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the . Committees including Nominating and Governance, Audit and Risk, Compensation and Talent, and Innovation. 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. Board meetings include reviewing overdrafts and past-due loans. PO Box 1418. A complete timeline of King Ranch's History from founding to present including key milestones and major events. By late 1989, Coker had completed a draft ready to be sent out for peer review, a standard practice whereby academic . He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. Agent Address. Who lives on King Ranch? Company Ownership: Family-owned 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. 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. Governance highlights include: C.G. Email: dbivins@king-ranch.com, King Ranch Corporate Offices 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. Stephen J. Official Website:http://www.king-ranch.com/, Do you know something we don't? The publisher/president and his team send a written report one week before each meeting. Approximate Annual Company Revenues: Under $100 million 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. NNDB has added thousands of bibliographies for people, organizations, schools, and general topics, listing He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. Houston, TX 77056 In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. 1946. Duard King Boeing Dave Vogee Blaine Pubic Schools Rob Kline Project Manager . Kingsville, TX 78364 United States. King Ranch, Inc., is a privately-held agricultural production and resource management company established in 1853. In 1988, seeing a need to diversify, the family hired Darwin E . 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. As the 1990s opened, King Ranch faced a number of questions. As the 1990s opened, King Ranch faced a number of questions. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. Board of Directors - 2022. We are in the resource-management business. Tio Kleberg continued to run the ranch's day-to-day operations. 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. The Board of Directors of King Ranch, Inc. appointed Mr. Underbrink as Vice President of Farming Operations in June 1998. In addition, he is the equine veterinarian for King Ranch and has served on the King Ranch Board of Directors. San Antonio, TX. 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. . 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. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. Governance highlights include: King Ranch Company Ownership: Closely Held Valor Ranch. Hodgen holds a B.S. Is King Ranch a real ranch? 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. Black Angus Beef Cattle, Feeder Calves and Replacement Heifers. Dennis Waespi was elected to the Board of Directors in November 2014. Hodgen, 45, brings nearly 25 years of executive leadership and, KINGSVILLE, July. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. 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. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. The awards honor the performance of the board as a whole. 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. CONTACT: Warren Conway, Bricker Endowed Chair in Wildlife Management . The result was a new breed, which they dubbed "Santa Gertrudis." Beef was not the only thing King Ranch was able to breed successfully. Principal Competitors: AzTx Cattle Company; Cactus Feeders Inc.; Lykes Bros. Inc. Approximate Annual Company Revenues: $100 million-$350 million