king ranch board of directors

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. Tio Kleberg King Ranch Board of Directors. Copyright 2023 King Ranch. 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. His buying trips frequently took him into Mexico. Robert has been a highly capable CEO, who helped the Company diversify and King Ranch, Inc. :: Texas (US) :: OpenCorporates 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. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. 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. King Ranch. Three Riverway, Suite 1600 The board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. Youth at Risk; DYS; . 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. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. However, in 1853, he founded the King Ranch that has, ever since, been a staple in Texas history. COMPANY. 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. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. On-site handling of all carbon, solar, and other renewable business development projects . The City Council serves as the Board of Directors. King Ranch Board of Directors to Begin CEO Search January 14, 2021 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. Email: dbivins@king-ranch.com, King Ranch Corporate Offices King Ranch | Sand County Foundation current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. All board members also participate in the ESOP communications and administration committee. 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. 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. Stephen J. "Tio" Kleberg - Caesar Kleberg Wildlife Research Institute Robert has brought to King Ranch. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. By that time, King Ranch had grown to well more than a million acres in size and was home to 94,000 head of cattle and 4,500 horses and mules, the quality of which had become very high through selective breeding. King Ranch, Inc., is a privately-held agricultural production and resource management company established in 1853. Governance highlights include: MLR Media publishes Directors & Boards, Family Business and Private Company Director magazines, and produces the Private Company Governance Summit; the Transitions (Spring and Fall) and Family Business Legacy & Wealth conferences; The NextGen Summit and the Transformational Women in Family Business and Character of the Corporation forums. (832) 681-5700. Environmental Systems Design expansion of the King Ranch Texas Kitchen restaurant concept. Robert J. Underbrink. Cal Farley's Boys Ranch - GuideStar Profile 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. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. 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. These transplanted villagers went to work on the ranch. Much of the livestock ended up in the Chicago stockyards; other destinations included new ranches springing up in Oklahoma, Nebraska, Colorado, Wyoming, and Montana, as the cattle industry of the West began to mature. Indeed, by the late 1990s King Ranch's portfolio was hugely diversified, ranging from oil to citrus to cattle. 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. The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. (361) 595-5683. The century-old King Ranch sits just outside of Cheyenne. King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. 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. 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. January 14, 2021. in the United States. Parker Ranch, Inc. is the for-profit corporation that owns and operates the assets of the cattle ranch, real . Beef was not the only thing King Ranch was able to breed successfully. James H. Clement, Jr. - King Ranch Institute for Ranch Management In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Tio graduated from Texas Military Institute in 1964. Private Independent Foundations (T22) Tio Kleberg continued to run the ranch's day-to-day operations. Fathom also ranked. Specific information related to the desired use of the grant ii. Although 60,000 head of cattle continued to graze King Ranch's sprawling acreage and the company remained a major force in the cattle industry, King Ranch evolved into a distinct agribusiness and energy corporation during the 1990s. Corporate Governance and Nominating Committee which will be guiding the Boards search effort. Dick Nord. During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. Clement Jr., is the chairman of the King Ranch board of directors. Governance highlights include: Commerce State Bank When King died in 1885, he left his entire estate to his wife, Henrietta. 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. To get the company back in the black, Kleberg turned to petroleum. With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. Jamey Clement is a Retired Chairman of the Board of King Ranch, Inc., where he has also served as vice president and treasurer. The company eventually established a presence in Brazil, Argentina, and Venezuela, where the techniques developed to clear mesquite brush in Texas could be used on South American rain forest. Morocco and Spain soon followed as well. 210.861.4765. benespy@icloud.com. Phone: 301.529.9808 Underbrink has been . 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. Several new ways to generate revenue were found over the next few years. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. King Ranch, Inc. in Kingsville TX - Company Profile - Corporation Wiki The boards of these companies were selected for recognition: Seven private companies were honored for governance excellence demonstrated by their fiduciary or advisory boards. Prior to AMERRA, he served as senior vice president of J.D. Approximate Annual Company Revenues: Under $100 million Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company. The awards honor the performance of the board as a whole. 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. Company Ownership: Employee-owned Its been a journey of a lifetime, Underbrink said. Between 1869 and 1884, more than 100,000 head of cattle from King Ranch made the trip. 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). Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. A private company, King Ranch is owned by 60 or so descendants of company founder Captain Richard King, a legendary figure in the history of cattle ranching in the United States. King and Kenedy also used their shipping enterprise to supply the Confederate army. 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. are its most important asset. And we all feel we have a lot of resources to manage.". Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. The board focuses on strategic issues and selecting advisors with specific skill sets to help management. In the 1950s the company went international. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. Range in Sheridan and Cherry Counties.. The result was a new breed, which they dubbed "Santa Gertrudis." The Board of Directors of King Ranch, Inc. appointed Mr. Underbrink as Vice President of Farming Operations in June 1998. King's Home Board of Directors. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. Stephen J. "Tio" Kleberg - Phi Delta Theta Fraternity Along the way, the ranch's selective breeding efforts intensified. Each independent board member serves on either the audit, governance and nominating, or management development and compensation committee. the point of contact for all inquiries relating to the search. Therefore, the trial court was tasked with the ministerial duty to grant relief in strict accordance with the parties' agreements. Their descendants, who became known as kinenos (King's men), have formed the core of the King Ranch workforce ever since. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Committees & Task Force - Ken-Caryl Ranch Approximate Annual Company Revenues: Under $100 million King Ranch. He will continue to serve as an advisor to the Company on various matters. For Immediate Release. Smith's reign lasted only a year. 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. Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. Texasmonthly.com: The King's Palace Modern game management and preservation systems were also set up. 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. . The Kindness Ranch Animal Sanctuary - GuideStar Profile Is King Ranch a real ranch? These four Divisions are located in six South Texas counties: Brooks, Jim Wells, Kenedy, Kleberg, Nueces, and Willacy. In 1853, Captain Richard King purchased a creek-fed oasis in the Wild Horse Desert of South Texas, sparking generations of integrity, preservation, and innovation. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. Kingsville, Texas. . James manages the ranch's horse operations and lives in a bungalow near . Over the course of over 160 years, King Ranch led some of the first cattle drives, developed the Santa Gertrudis and Santa Cruz breeds of cattle, bred the finest Quarter Horses, and produced champion Thoroughbredsall under its iconic Running W brand. 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 . As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. The board has professionalized its auditing and accounting systems and reports to the family with the sane integrity as a public company. In addition, he is the equine veterinarian for King Ranch and has served on the King Ranch Board of Directors. Company Ownership: Family-owned King Ranch Corporate Offices Three Riverway, Suite 1600 Houston, TX 77056 (832) 681-5700 As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. He serves on the boards of King Ranch, Inc.; Chairman of the Management . 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 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. At the King Ranch, a Way of Life Is Riding Into the Sunset Yarborough to take control of King Ranch's oil and gas business. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the . James Clement - Land Resources Manager - King Ranch, Inc. - LinkedIn 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. 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. Growth has been aggressively pursued. Mark and his wife Trudy and their family, proudly carry on the . The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. King also began to buy and sell cattle in huge numbers. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. 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. James H. Clement, Jr. 25. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. 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 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 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. Type of Private Board: Fiduciary The ranch is a commercial cow/calf operation that has been in Jeff's family since the early 1870s. PO Box 1090. The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. From 1999 until today he has served as Chairman of the Board of King Ranch, Inc. Stan Kroenke Buys Massive Texas Ranch Listed For $725 Million - Forbes Black Angus Beef Cattle, Feeder Calves and Replacement Heifers. Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. 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. DeJuana Bivins Annoying wild mustangs and donkeys were captured and shipped elsewhere. 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. 310 East Wildwood. All rights reserved. Company Ownership: Family-owned King Ranch Board of Directors to Begin CEO Search, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. PO Box 1418. Meanwhile, brother Dick served the company from the outside as president of the Texas and Southwestern Cattle Raisers Association and, beginning in 1931, as a seven-term member of the U.S. Congress. King Ranch names Robert Hodgen new CEO - Texas and Southwestern Cattle 15360 James Madison Pkwy, King George, Virginia 22485, United States (240)672-7952. Meanwhile, brother Dick served the company from the outside as president of the Texas and Southwestern Cattle Raisers Association and, beginning in 1931, as a seven-term member of the U.S. Congress. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. James H. Clement, Jr. | Houston Trust Company 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. In 1969, he received a B. S. in Animal Science at Texas Tech University. Governance highlights include: Larsen Design Group Inc. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. (Houston, Texas) -The King Ranch, Inc., Board of Directors today announced the search for a successor for the. He worked at the East Bay Regional Park District in a variety of positions for 38 years, beginning in 1974. 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. The King Ranch Institute for Ranch Management teaches graduate students using a multi-disciplinary, systems approach to ranch management. Both iterations of the board trained up the family members, who did not have governance backgrounds. While King Ranch remained a powerful entity in the business world, a new thorn threatened to shadow its anniversary celebration. Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." Robert has been an energetic and respected leader for the Company, commented John Alexander, who chairs the Two weeks ago two other . In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. 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.. Expansion and Innovation in the 1940s-50s. 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. He serves as a board member of the Texas State Historical . In August 2003, however, the Texas Supreme Court ruled against the Chapman descendants, arguing that there was not enough evidence to proceed with a trial. Official Website: . Yarborough to take control of King Ranch's oil and gas business. (Some members of management team are also on committees.). The chair (family) and CEO (currently non-family) roles are split and have been for many years. The company represents a colorful part of Texas history. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. Board meetings include reviewing overdrafts and past-due loans. The King's Palace - Texas Monthly As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. Services. King and Kenedy also used their shipping enterprise to supply the Confederate army. 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. Another turnover in management took place in 1995. 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. work to identify new leadership with the same passion and dedication Robert has provided King Ranch for the last King Ranch operates extensive turfgrass operations and is the majority owner of the largest citrus producer in the Neither King Ranch nor appellant contests the validity of the rule 11 agreements or assert consent was withdrawn. Dick Kleberg died in 1955. All rights reserved. From 1969 to 1971, he served as a Lieutenant in the U. S. Army . Official Website:http://www.king-ranch.com/, Do you know something we don't? Board Certified Equine Reproduction. Three Riverway, Suite 1600 top of page. 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. Along the way, the ranch's selective breeding efforts intensified. By late 1989, Coker had completed a draft ready to be sent out for peer review, a standard practice whereby academic . (832) 681-5700. Smith's reign lasted only a year. All initiatives must produce cash flow to maintain the infrastructure to serve the main purpose of keeping the community informed. 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. By the end of the 1860s, King Ranch longhorns were being sold in northern markets. Cal Farley's Boys Ranch Board of directors as of 02/13/2023 SOURCE: Self-reported by organization . 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." The result was a new breed, which they dubbed "Santa Gertrudis." Valor Ranch. in Animal Science from Oklahoma State University and an MBA in Finance from The Wharton School of the University of Pennsylvania. We accept mature and experienced students with ranch management experience, and teach them . Board of Directors data for 2021 *with the ability to download the data for 2019, 2018, 2017, 2016, 2015 Download it now for $125. 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. Approximate Annual Company Revenues: Under $100 million 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. Cal Farley's is a nonprofit 501(c)(3) corporation organized under the laws of the State of Texas. 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. "Tio" Kleberg was born in Austin, Texas, to Richard M. Kleberg Jr. and Mary Lewis Scott Kleberg. That keeps the actual meeting time focused on strategic discussions. All rights reserved. books that might be critical omissions. Company Ownership: Family-owned CKWRI's Fred Bryant Recently Recognized as 2021 Texas Tech Alumni The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has branding partnerships which include Ford Motor Co.. 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 . Jobs; . Phone: 832-681-5701 Between 1869 and 1884, over 100,000 head of cattle from King Ranch made the trip. 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. 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. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. Kleberg quickly became an indispensable part of the ranch's operation. King Ranch - NNDB 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. learn how over 7,000 companies got started! 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. Hodgen holds a B.S. King split his time between his two businesses, steamboating and ranching, during this period. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. A steamboat pilot by trade, King had arrived in southern Texas about eight years earlier to run a shipping operation on the Rio Grande with partner Mifflin Kenedy. Wyoming 2015 King Ranch Cheyenne, WY Leopold Conservation Award Recipient. One by one, the problems of running a growing ranch were addressed.

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