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). Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Smith's reign lasted only a year. 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. King also began to buy and sell cattle in huge numbers. 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. Main address. The GO debt and the O&M is . King split his time between his two businesses, steamboating and ranching, during this period. In 1976 Clement hired W.B. Approximate Annual Company Revenues: $350 million-$1 billion Beef was not the only thing King Ranch was able to breed successfully. King Ranch. Terry King - Real Estate Broker Associate - Fathom Realty - LinkedIn Type of Private Board: Advisory King Ranch operates extensive turfgrass operations and is the majority owner of the largest citrus producer in the We are in the resource-management business. Cowboys Working in the Laureles Division - King Ranch Saddle Shop . more than 50,000 books and 120,000 other kinds of references. 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. His buying trips frequently took him into Mexico. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. Board of Directors data for 2020 *with the ability to download the data for 2019 As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. A replay of the awards presentation is available here: https://vimeo.com/561269813. Yarborough to take control of King Ranch's oil and gas business. 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. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. 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. Internet Explorer presents a security risk. Henrietta King died in 1925, at the age of 92. The work of the EPC consists primarily of formulating, organizing, and presenting a variety of continuing education programs for the AAEP. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. King Ranch Descendants Named to List of Biggest Landowners in U.S. King Ranch, Inc. (trading name, 2013-07-02 - ) Agent Name. King Ranch Corporate Offices Three Riverway, Suite 1600 Houston, TX 77056 (832) 681-5700 The exact . One by one, the problems of running a growing ranch were addressed. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. Alfred Ashbrook King born 1916-07-19 in Nueces, TX, USA - 2006. Fiduciary board awards were broken down by company revenues and ownership type. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. King Ranch Inc. CEO Robert Underbrink to retire, Robert Hodgen hired as Underbrink to step down as King Ranch CEO | News | kingsvillerecord.com The Texas Wildlife Association selected Bryant as the Texas Outdoorsman of the Year (2016) and he was inducted into the Texas Conservation Hall of Fame with Tio Kleberg, sponsored by the Texas Parks and Wildlife Foundation (2017). Phone: 832-681-5701 In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. From 1969 to 1971, he served as a Lieutenant in the U. S. Army . King Ranch names Robert Hodgen new CEO - Texas and Southwestern Cattle "Tio" Kleberg is a member of the King Ranch Board of Directors and a member of the legendary King Ranch family. San Antonio, TX. Both in the cattle business and in its other pursuits, the management and shareholders of King Ranch expressed a commitment to the kind of experimentation and innovation that helped the company to thrive for so many years. Indeed, by the late 1990s King Ranch's portfolio was hugely diversified, ranging from oil to citrus to cattle. He then bought the parcels and annexed them to the ranch. Stephen "Tio" Kleberg was educated at Texas Tech University in Lubbock, Texas where he received a Bachelor of Science in Animal Science and Business, followed by two years of service in the United States Army as lieutenant. Name Occupation Birth DeathKnown for; Ray L. Hunt: Business: 6-Apr-1943 : Chairman of Hunt Oil . The company represents a colorful part of Texas history. 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. Clement Jr., is the chairman of the King Ranch board of directors. A complete timeline of King Ranch's History from founding to present including key milestones and major events. 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. Ruling year info. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Email: dbivins@king-ranch.com, King Ranch Corporate Offices Grantmakers.io Profile - KING RANCH FAMILY TRUST learn how over 7,000 companies got started! Family tree of Richard King Born 1825-07-10 in Orange County, New York More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. "It's a great organization, with a lot of Texas heritage to it and a great culture. Tio Kleberg | East Foundation All rights reserved. King Ranch began selling Santa Gertrudis bulls to other ranchers in the 1930s, and in 1940 the United States Department of Agriculture recognized Santa Gertrudis as the first ever American-produced beef breed. Dick Kleberg, Jr., died in 1979, and soon after that his son, Stephen "Tio" Kleberg, took over management of King Ranch South Texas, the company's core ranch operation. The result was a new breed, which they dubbed "Santa Gertrudis." Immediate Past Chairman: Forrest DeBuys . 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. Board of Directors data for 2023 *with the ability to . King and Kenedy also used their shipping enterprise to supply the Confederate army. 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. 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. i. Where is the largest cattle farm in the United States? 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. books that might be critical omissions. King Ranch. The King's Palace - Texas Monthly James Clement - Land Resources Manager - King Ranch, Inc. - LinkedIn By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Environmental Systems Design Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. As we move ahead, we will He began his career within the Animal Nutrition Division management team of Cargill Inc. King Ranch has a rich, world-renowned legacy. King Ranch remained focused on its oil holdings as well and in 1999 spun off its King Ranch Energy Inc. subsidiary just before its merger with St. Mary Land and Exploration Co. Approximate Annual Company Revenues: Under $100 million Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. From 1971 to 1978 he managed the King Ranch cattle, wildlife, farm and horse operations. All rights reserved. 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. 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. . (Some members of management team are also on committees.). 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. Chairman: Kevin Borie. King Ranch Names Robert Hodgen New CEO - King Ranch Company Ownership: Family-owned Best practices taken from public boards: a first-ever corporate sustainability report, a targeted DEI initiative, quarterly board meetings with separate executive session, board agendas focused on strategy and global issues rather than operational updates, focus on ESG, board members serve set terms, allowing for ongoing board refresh. Angel served honorably in the U.S. Army and California Army National Guard . When We Were Kings - Texas Monthly Kleberg married King's daughter Alice the following year. 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. COMPANY. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. 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. 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. King Ranch Feedyard - Texas Cattle Feeders Association 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. Official Website: . The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. 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. King Ranch operates extensive turfgrass operations and is the majority owner of one of the largest citrus producers Is Boots O Neal Still Alive - Clothes Questions Angel has lived in Moreno Valley for 14 years, and spent two years at March Air Reserve Base (2003-2004). King Ranch, Inc. -- Company History He serves on the boards of King Ranch, Inc.; Chairman of the Management . King Ranch Inc | Encyclopedia.com Finally, in 1899, an artesian well was drilled. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kiñ-os, went into the retail clothing and luggage business. 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. 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. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. top of page. Committees: Governance Plus (the plus refers to business succession), Finance/Audit, Risk/Cyber/Safety, Business Investment and Diversification. Board of Directors Boys Ranch, Founded By Cal Farley 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. "Tio" Kleberg was born in Austin, Texas, to Richard M. Kleberg Jr. and Mary Lewis Scott Kleberg. Type of Private Board: Fiduciary When King died in 1885, he left his entire estate to his wife, Henrietta. Officials with King Ranch Inc. announced today that the breakfast, a longstanding tradition in South, King Ranch Corporate Offices 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. Only a 50,000-acre ranch in Brazil remains, run by Mr. Kleberg's son Chris, 28. The King Ranch Legacy - King Ranch 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. 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. 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. Schmidt Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. David Shaw, Publishing Director (832) 681-5700. Neither King Ranch nor appellant contests the validity of the rule 11 agreements or assert consent was withdrawn. As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. Profile for KING RANCH FAMILY TRUST (Kingsville, TX - EIN 746044809) including grantees and board members as of 2019 tax year. King Ranch Inc. appoints new board member | News | kingsvillerecord.com King Ranch. Therefore, the trial court was tasked with the ministerial duty to grant relief in strict accordance with the parties' agreements. Kingnow covers 825,000 acresmore land than the state of Rhode Island. Along the way, the ranch's selective breeding efforts intensified. 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. United States. "I was surprised when I got a call, and honored," King said Friday. In the September 25, 2001 agreement, appellant agreed and stipulated to extend the October 19, 2001 . Recent News Archives - King Ranch Land Resources Manager. Dick Nord. Cotton farming was another area into which the company plunged with a fair amount of success. 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. All rights reserved. Tio graduated from Texas Military Institute in 1964. The board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. 2020 BY KING'S HOME (FORMERLY THE KING'S RANCH AND HANNAH HOMES) 5-member advisory board is diverse and includes just one family member (Raj Gupta, the executive chair). Type of Private Board: Fiduciary Along the way, the ranch's selective breeding efforts intensified. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. What's the biggest ranch in Texas? - The Biggest work to identify new leadership with the same passion and dedication Robert has provided King Ranch for the last Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. 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. 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 . 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. A copy of the organization's exemption letter from the Internal Revenue Service, and iv. The board focuses on strategic issues and selecting advisors with specific skill sets to help management. James H. Clement, Jr. | Houston Trust Company 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. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. Since 1992 he has served on the board of King Ranch, Inc. and from October 1994 until May 1995, Mr. Clement acted as interim CEO of King Ranch, Inc. during its search for a full time CEO. Phone: 301.529.9808 Dick Kleberg died in 1955. 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. For questions, contact Darci Cross at darcic@kcranch.org 303-979-1876, ext. As the 1990s opened, King Ranch faced a number of questions. Finally, in 1899, an artesian well was drilled. The awards honor the performance of the board as a whole. 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. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Official Website:http://www.king-ranch.com/, Do you know something we don't? During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. Modern game management and preservation systems were also set up. January 14, 2021. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. 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. 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. 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. Kleberg married King's daughter Alice the following year. NTEE code info. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. (832) 681-5700. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. The Board of Directors of King Ranch, Inc. appointed Mr. Underbrink as Vice President of Farming Operations in June 1998. the point of contact for all inquiries relating to the search. Directors / Officers. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. The City Council serves as the Board of Directors. Yarborough to take control of King Ranch's oil and gas business. King Ranch is the largest ranch in the United States. St. James Press, 2004. Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. Governance highlights include: C.G. Company Ownership: Family-owned 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. 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. in the United States. At the King Ranch, a Way of Life Is Riding Into the Sunset Company Ownership: Family-owned Who lives on King Ranch? Stephen J. Tio Kleberg continued to run the ranch's day-to-day operations. Jessica Hobbs, Author at King Ranch PO Box 1418. This well, originating more than 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. Known for; Roger L. Jarvis: Business: c. 1954 : CEO of Spinnaker Exploration, 1996-2005: CURRENT BOARD MEMBERS OR DIRECTORS. 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. James H. Clement, Jr. 25. 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. The family started an advisory board in 2012 and changed to a fiduciary board in 2015. Type of Private Board: Fiduciary King Ranch Family Trust - GuideStar Profile Copyright 2023 King Ranch. However, in 1853, he founded the King Ranch that has, ever since, been a staple in Texas history. Another turnover in management took place in 1995. President, CEO and a member of the board for 10 years, and an employee for 36 years. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Email: dbivins@king-ranch.com, King Ranch Corporate Offices Benjamin Espy, DVM, DACT. Private Independent Foundations (T22) Jeannie has been a board member of the Aspen Education Foundation since moving to Aspen six years ago.