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Tio graduated from Texas Military Institute in 1964. Three Riverway, Suite 1600 Seven private company boards were honored for their business governance excellence at the 2021 Private Company Governance Summit on June 9, 2021. Board of Directors - 2022. 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. 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. 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. San Antonio, TX. 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. 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. 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. HOUSTON, February 24, 2022, For Immediate Release King Ranch, Inc. announced the continued expansion of King Ranch Ag & Turf in East Texas, with new stores planned in Livingston and Huntsville. Robert has brought to King Ranch. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. Liked by Terry King. The King Ranch Community Facilities District will appear on your property tax statement from Maricopa County as "CFD - King Ranch". James manages the ranch's horse operations and lives in a bungalow near . books that might be critical omissions. Within a decade, through a combination of strategic horse purchases and the application of its fabulously successful breeding techniques, King Ranch had established a dynasty of champion cutting horses. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. 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. Source: International Directory of Company Histories, Vol.60. 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. Morocco and Spain soon followed as well. 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. King Ranch. 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 1990s opened, King Ranch faced a number of questions. Officials with King Ranch Inc. announced today that the breakfast, a longstanding tradition in South, King Ranch Corporate Offices By the end of the 1860s, King Ranch longhorns were being sold in northern markets. Main address. 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. 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. And we all feel we have a lot of resources to manage.". "I was surprised when I got a call, and honored," King said Friday. Mr Duard King Tall Timber Ranch. As consumers, we often take for granted all the hard work that goes into building a great company. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. Environmental Systems Design 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. (832) 681-5700. David Shaw, Publishing Director 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. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. Tio Kleberg King Ranch Board of Directors. Board of Directors data for 2020 *with the ability to download the data for 2019 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). Dick Kleberg died in 1955. He is a trustee of the Caesar Kleberg Foundation for Wildlife Conservation. In addition, he is the equine veterinarian for King Ranch and has served on the King Ranch Board of Directors. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. 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. Billionaire Stan Kroenke, owner of what are now the NFL's Los Angeles Rams, has purchased a massive Texas ranch that had a $725 million price tag. the point of contact for all inquiries relating to the search. King Ranch celebrated its 150th anniversary in 2003. Before joining King Ranch, Hodgen spent six years as [] The chairman considers the performance of each member prior to their term renewal. 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. Jul 2020 - Present2 years 9 months. From 1979 to 1988 he managed the South Texas Agricultural operations. 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. Two of five independent directors are women, including the chair. Three Riverway, Suite 1600 PO Box 1090. Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. 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. Its been a journey of a lifetime, Underbrink said. Contact: DeJuana Bivins A replay of the awards presentation is available here: https://vimeo.com/561269813. Underbrink has been . Henrietta King died in 1925, at the age of 92. A copy of the . Cotton farming was another area into which the company plunged with a fair amount of success. Both iterations of the board trained up the family members, who did not have governance backgrounds. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Kleberg married King's daughter Alice the following year. 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. 210.861.4765. benespy@icloud.com. Cal Farley's is a nonprofit 501(c)(3) corporation organized under the laws of the State of Texas. Alfred Ashbrook King born 1916-07-19 in Nueces, TX, USA - 2006. King's Home Board of Directors. Tio and his wife Janell have 3 children, 6 grandchildren and reside at the King Ranch in Kingsville, Texas. 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). King and Kenedy also used their shipping enterprise to supply the Confederate army. King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. 15360 James Madison Pkwy, King George, Virginia 22485, United States (240)672-7952. 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. The work of the EPC consists primarily of formulating, organizing, and presenting a variety of continuing education programs for the AAEP. Were excited, First Renewable Energy Development on King Ranch Noria Hondo 220MW Combined Solar and Battery Farm Project King Ranch is proud to be partnering with Talen Energy Corp. in the development of the first utility scale renewable energy project, Noria Hondo,, 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. 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. 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. 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. 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. Several new ways to generate revenue were found over the next few years. Corporate Governance and Nominating Committee which will be guiding the Boards search effort. Approximate Annual Company Revenues: Under $100 million 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 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. King also began to buy and sell cattle in huge numbers. He is a founding board member of The Texas Agricultural Land Trust, Texan by Nature, and served on the East Foundation's Professional Advisors Group. 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. Ward 4 Board Member. 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 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 also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. 78212-1756. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. From its beginnings in the mid-19th 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. After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. However, in 1853, he founded the King Ranch that has, ever since, been a staple in Texas history. When Mrs. King's estate was finally untangled, Kleberg's widow, Alice, and her children consolidated as much of the ranch as possible by purchasing the properties of other heirs. 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. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. As the 1990s opened, King Ranch faced a number of questions. . Another turnover in management took place in 1995. Kleberg built fences to divide the sprawling ranch into more manageable units. Before joining King Ranch, Hodgen spent six . Watch what Chance Muehlstein, King Ranch Institute for Ranch Management graduate student, has to share about his Parker Ranch internship this past summer. As part of its strategy to build profit in its agriculture business, the newly created firm acquired the Turner Foods groves from Florida Power & Light. Chairman: Kevin Borie. During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. 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. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Fiduciary board awards were broken down by company revenues and ownership type. King Ranch operates extensive turfgrass operations and is the majority owner of one of the largest citrus producers United States. 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. Two weeks ago two other . He has also been an editor for the magazine The Horse since 2008. 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. Yarborough to take control of King Ranch's oil and gas business. 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. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and production, horses, wildlife management and recreation, and the production of a number of agricultural commodities including cotton, milo, sugar cane, almonds and pistachios and various vegetables. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. 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. Cowboys Working in the Laureles Division - King Ranch Saddle Shop. Type of Private Board: Fiduciary Governance highlights include: Commerce State Bank By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. His buying trips frequently took him into Mexico. 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. Prior to AMERRA, he served as Senior Vice President of J.D. Expansion and Innovation in the 1940s-50s. In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. Contact: 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. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kiñ-os, went into the retail clothing and luggage business. King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Neither King Ranch nor appellant contests the validity of the rule 11 agreements or assert consent was withdrawn. Please feel free to suggest The exact . 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. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. President, CEO and a member of the board for 10 years, and an employee for 36 years. Robert has been a highly capable CEO, who helped the Company diversify and Ruling year info. Approximate Annual Company Revenues: Under $100 million CEO Robert Hodgen. He will continue to serve as an advisor to the Company on various matters. All rights reserved. King Ranch is the largest ranch in the United States. King Ranch, Inc. (trading name, 2013-07-02 - ) Agent Name. 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.. Directors / Officers. (361) 595-5683. Finally, we can read about how these great companies came about with Company Histories.. From 1969 to 1971, he served as a Lieutenant in the U. S. Army . The GO debt and the O&M is . TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. January 14, 2021. A copy of the organization's exemption letter from the Internal Revenue Service, and iv. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. 109. One by one, the problems of running a growing ranch were addressed. January 14, 2021. Copyright 2023 King Ranch. A list of current Board of Directors iii. The awards honor the performance of the board as a whole. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. We accept mature and experienced students with ranch management experience, and teach them . That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. Chance completed a project focusing on Key Performance Indicators that management and the board of directors can use to determine the ranch's profitability and productivity, while also . Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. NNDB has added thousands of bibliographies for people, organizations, schools, and general topics, listing Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. Dennis Waespi was elected to the Board of Directors in November 2014. Immediate Past Chairman: Forrest DeBuys . Schmidt Willie Pakebusch. 74-6044809. Hodgen also served on Amerra's board of . Six-member board today: five independent directors plus CEO. He worked at the East Bay Regional Park District in a variety of positions for 38 years, beginning in 1974. Yarborough to take control of King Ranch's oil and gas 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. 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. Term: 2018 - 2020. 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. "Tio" Kleberg is a member of the King Ranch Board of Directors and a member of the legendary King Ranch family. 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. Three Riverway, Suite 1600 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. Visit Site. 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. 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. All board members also participate in the ESOP communications and administration committee. To get the company back in the black, Kleberg turned to petroleum. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. While King Ranch remained a powerful entity in the business world, a new thorn threatened to shadow its anniversary celebration. Company Ownership: Family-owned One by one, the problems of running a growing ranch were addressed. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. King Ranch Feedyard. 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. On-site handling of all carbon, solar, and other renewable business development projects . Profile for KING RANCH FAMILY TRUST (Kingsville, TX - EIN 746044809) including grantees and board members as of 2019 tax year. Beef was not the only thing King Ranch was able to breed successfully. COMPANY. He then bought the parcels and annexed them to the ranch. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. 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. For Immediate Release. To get the company back in the black, Kleberg turned to petroleum. King Ranch Type of Private Board: Fiduciary Approximate Annual Company Revenues: $100 million-$350 million Company Ownership: Family-owned Governance highlights include: Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. 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. 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. King 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. Parts of King Ranch's property were opened not only to hunters--who since 1979 were able to pay nearly $3 million a year to shoot at deer, turkeys, and other animals--but to tourists as well. The board works hard to know and understand their customers. 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. 310 East Wildwood. The Company continues to expand its operations. in the United States. 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. In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. Governance highlights include: Larsen Design Group Inc. 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. ANTHONY A. SIMMONS, director. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. Finally, in 1899, an artesian well was drilled. 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. Texas and Southwestern Cattle Raisers Association, To Honor and Protect the Ranching Way of Life. Copyright (c) 2022 Company-Histories.com. 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. Their descendants, who became known as kinenos (King's men), have formed the core of the King Ranch workforce ever since. 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. Morocco and Spain soon followed as well. During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. 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. Phone: 832-681-5701 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. Cotton farming was another area into which the company plunged with a fair amount of success. Kleberg built fences to divide the sprawling ranch into more manageable units. The ranch covered more than 600,000 acres by this time. . Angel served honorably in the U.S. Army and California Army National Guard . Company Ownership: Family-owned All rights reserved. The boards of these companies were selected for recognition: Seven private companies were honored for governance excellence demonstrated by their fiduciary or advisory boards. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and