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. (Houston, Texas) -The King Ranch, Inc., Board of Directors today announced the search for a successor for the. Type of Private Board: Fiduciary The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. King Ranch is a corporation that is privately owned by around 60 people who are the descendants of Richard King. President, CEO and a member of the board for 10 years, and an employee for 36 . Is King Ranch a real ranch? Watch what Chance Muehlstein, King Ranch Institute for Ranch Management graduate student, has to share about his Parker Ranch internship this past summer. King Ranch Board of Directors to Begin CEO Search Is Boots Oneal Still Alive - Clothes Questions TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. To get the company back in the black, Kleberg turned to petroleum. Board of Directors - Our Sunnymead Ranch Modern game management and preservation systems were also set up. 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. 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. They may be accessed by the "Bibliography" tab at 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. Recent News Archives - King Ranch Immediate Past Chairman: Forrest DeBuys . Kingsville, Texas. Company Chairman John D. Alexander Jr. and John T. Steen III Vice-Chairman commented that the King Ranch board is looking forward to working with Robert and are confident his broad professional experience along with a deep knowledge of finance and ag related investments make him a great choice to lead King Ranch into the future. 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. By late 1989, Coker had completed a draft ready to be sent out for peer review, a standard practice whereby academic . the point of contact for all inquiries relating to the search. . 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. Internships - King Ranch Institute for Ranch Management Each committee is chaired by a different external director. When King died in 1885, he left his entire estate to his wife, Henrietta. Spade Ranch | Ellsworth NE - Facebook The chairman considers the performance of each member prior to their term renewal. However, the City has no liability for the debt. Willie Pakebusch. Jobs; . 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. He began his career within the Animal Nutrition Division management team of Cargill, Inc. King Ranch has a rich, world-renowned legacy. The King Ranch Community Facilities District will appear on your property tax statement from Maricopa County as "CFD - King Ranch". Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. He began his career within the Animal Nutrition Division management team of Cargill Inc. King Ranch has a rich, world-renowned legacy. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. Board - Ranching Heritage Association King Ranch, Inc. -- Company History Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. 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. 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. The company represents a colorful part of Texas history. Kleberg quickly became an indispensable part of the ranch's operation. Board of Directors The Forgotten Children's Fund 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. 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. Official Website: . Two of five independent directors are women, including the chair. Tio and his wife Janell have 3 children, 6 grandchildren and reside at the King Ranch in Kingsville, Texas. Only a 50,000-acre ranch in Brazil remains, run by Mr. Kleberg's son Chris, 28. 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. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. Jul 2020 - Present2 years 9 months. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. 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. . 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. 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.. After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. 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. 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. 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. Houston, TX 77056 King Ranch, Inc. - Company Profile, Information, Business Description 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. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. 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. Phone: 832-681-5701 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. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. California Cattle Council Board - California Cattle Council Regardless of its future path, the King Ranch name and its Running W brand would surely continue as one of the most widely recognized identities in the industry. Spring 2017 KRIRM Newsletter by king-ranch-institute - Issuu including cotton, milo, sugar cane, almonds and pistachios and various vegetables. St. James Press, 2004. Dick Kleberg died in 1955. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. learn how over 7,000 companies got started! In 1867 King began using the Running W brand to mark his cattle. Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. Cheney Shoots Fellow Hunter in Mishap on a Texas Ranch What's the biggest ranch in Texas? - The Biggest Published Jul. 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. 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. Governance highlights include: Commerce State Bank The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. 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. Official Website:http://www.king-ranch.com/, Do you know something we don't? He will continue to serve as an advisor to the Company on various matters. A copy of the organization's exemption letter from the Internal Revenue Service, and iv. Board of Directors | East Bay Parks Cal Farley's is a nonprofit 501(c)(3) corporation organized under the laws of the State of Texas. Three Riverway, Suite 1600 Houston, TX 77056 The King's Palace - Texas Monthly in Animal Science from Oklahoma State University and an MBA in Finance from The Wharton School of the University of Pennsylvania. 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. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. NNDB has added thousands of bibliographies for people, organizations, schools, and general topics, listing Therefore, the trial court was tasked with the ministerial duty to grant relief in strict accordance with the parties' agreements. Meeting time shifted from management doing most of the talking to the advisors doing the majority of the talking and management listening. To learn more, visit www.privatecompanydirector.com. Committees do a lot of detail work, saving board meetings for more strategic topics. The board focuses on strategic issues and selecting advisors with specific skill sets to help management. During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. The ranch covered more than 600,000 acres by this time. (832) 681-5700. The family started an advisory board in 2012 and changed to a fiduciary board in 2015. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. King Ranch History: Founding, Timeline, and Milestones - Zippia 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. Approximate Annual Company Revenues: Under $100 million No Affliation. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. 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. Jamey Clement is a Retired Chairman of the Board of King Ranch, Inc., where he has also served as vice president and treasurer. These innovations included mechanized brush control methods, the identification of new and better grasses, and the development of better corrals for working cattle. In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. David Shaw, Publishing Director A list of current Board of Directors iii. The company entered the new millennium preparing to celebrate its 150th anniversary in 2003. All rights reserved. United States. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. 109. As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. The King Ranch itself, which 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. Board of Directors data for 2023 *with the ability to . By that time, King Ranch had grown to well over 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. King's Home Board of Directors. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 1989. 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 . Robert has been an energetic and respected leader for the Company, commented John Alexander, who chairs the In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. Cotton farming was another area into which the company plunged with a fair amount of success. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. production, horses, wildlife management and recreation, and the production of a number of agricultural commodities 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 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. The King Ranch Institute for Ranch Management teaches graduate students using a multi-disciplinary, systems approach to ranch management. Company Chairman John D. Alexander, Jr. and John T. Steen III Vice-Chairman commented that the King Ranch Board is looking forward to working with Robert and are confident his broad professional experience along with a deep knowledge of finance and ag related investments make him a great choice to lead King Ranch into the future. Board has advised management on issues including strategic planning, risk management, organizational design to show employees they have a path for growth and development within the firm, which areas of growth to invest in, DEI, COVID pandemic response. 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. Tio Kleberg | East Foundation January 14, 2021. 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. Over the course of the previous decade, the company had successfully overcome falling demand for beef by diversifying into new growth areas and selling off its international properties in order to focus on its domestic operations. 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. Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. 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. 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. Company Ownership: Family-owned Type of Private Board: Fiduciary 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. Image credit: Chas S Middleton & Son. Wyoming 2015 King Ranch Cheyenne, WY Leopold Conservation Award Recipient. 74-6044809. Board of Directors | King's Home Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Term: 2018 - 2020. King Ranch had made significant changes in its operations since the early 1990s and its business environment would no doubt continue to transform into the years to come as management looked to diversify into new profitable areas. 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). Where is the largest cattle farm in the United States? 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. Kleberg married King's daughter Alice the following year. Each independent board member serves on either the audit, governance and nominating, or management development and compensation committee. Mr Duard King Tall Timber Ranch. An independent Transition Committee of the board, consisting of the four independent directors, guided LDG through its transition from a 60% ESOP to a 100% ESOP in 2020 and selected the third CEO in the companys history. Tio Kleberg King Ranch Board of Directors. 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. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. At the King Ranch, a Way of Life Is Riding Into the Sunset Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. Indeed, by the late 1990s King Ranch's portfolio was hugely diversified, ranging from oil to citrus to cattle. Duard King Boeing Dave Vogee Blaine Pubic Schools Rob Kline Project Manager . 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. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. Board of Directors data for 2021 *with the ability to download the data for 2019, 2018, 2017, 2016, 2015 Download it now for $125. Corporate management at the ranch predated Jack Hunt. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Board is made up of six independent board members and one family member (the chairman) and includes three women and one director of color. "It's a great organization, with a lot of Texas heritage to it and a great culture. The board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. Board of Trustees - Anderson Ranch Arts Center Company Ownership: Employee-owned 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. As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. Angel has lived in Moreno Valley for 14 years, and spent two years at March Air Reserve Base (2003-2004). Along the way, the ranch's selective breeding efforts intensified. In the 1950s the company went international. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. This well, originating over 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. 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 . King Ranch Corporate Offices Three Riverway, Suite 1600 Houston, TX 77056 (832) 681-5700 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). A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Alexander will be 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. Benjamin Espy, DVM, DACT. 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. 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. . Tio grew up on King Ranch in Kingsville, Texas, working summers with ranch operations. Three Riverway, Suite 1600 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. With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. Stephen J. "Tio" Kleberg - Phi Delta Theta Fraternity 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. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. Stephen J. 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. Board of Directors data for 2020 *with the ability to download the data for 2019 Committees & Task Force - Ken-Caryl Ranch A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Copyright 2023 King Ranch. Phone: 832-681-5701 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. 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." Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. All board members also participate in the ESOP communications and administration committee. Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. Annoying wild mustangs and donkeys were captured and shipped elsewhere. Contact: Beginning of the Kleberg Family Reign in the 1880s. 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. 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.. Directors / Officers. 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. During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. 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. King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. These four Divisions are located in six South Texas counties: Brooks, Jim Wells, Kenedy, Kleberg, Nueces, and Willacy. Estate taxes had left the ranch with a $3 million debt, however, and for the next few years the company struggled to remain afloat, with Bob Kleberg acting as manager of its day-to-day operations. more than 50,000 books and 120,000 other kinds of references. Stephen J. "Tio" Kleberg - Caesar Kleberg Wildlife Research Institute 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. NRM grad, professor Bryant receives TTU Distinguished Alumni Award This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. Cotton farming was another area into which the company plunged with a fair amount of success. The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has The board has established term limits for board members and their continued service is determined on the basis of their performance on the board.