king ranch board of directors

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. 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. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company. "Tio" Kleberg was born in Austin, Texas, to Richard M. Kleberg Jr. and Mary Lewis Scott Kleberg. Company Ownership: Family-owned 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. King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. Company Ownership: Closely Held King Ranch. We see them around but we don't know what goes on behind the scenes. During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. 74-6044809. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. St. James Press, 2004. Board members review the material and send their comments/questions three days in advance, and the team responds the day before the meeting. Houston, TX 77056 Directors / Officers. Contact: DeJuana Bivins Each independent board member serves on either the audit, governance and nominating, or management development and compensation committee. A list of current Board of Directors iii. Approximate Annual Company Revenues: Under $100 million By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Approximate Annual Company Revenues: Under $100 million Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. The family started an advisory board in 2012 and changed to a fiduciary board in 2015. Company Ownership: Employee-owned January 14, 2021. Annoying wild mustangs and donkeys were captured and shipped elsewhere. 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. Tio Kleberg commented on the company's diversification in a 1995 U.S. News & World Report: "We no longer see ourselves in the cattle business, as such. Tio graduated from Texas Military Institute in 1964. Richard Jr. King born 1860-12-15 in King's Ranch, Texas - 1922. Committees including Nominating and Governance, Audit and Risk, Compensation and Talent, and Innovation. He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. Board of Directors - 2022. 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 Running W eventually became one of the most widely recognized marks in the history of the cattle industry. The ranch covered more than 600,000 acres by this time. Fiduciary board awards were broken down by company revenues and ownership type. Board of Directors data for 2020 *with the ability to download the data for 2019 EIN. In 1976 Clement hired W.B. Copyright 2023 King Ranch. 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. A copy of the . Company Ownership: Employee-owned He then bought the parcels and annexed them to the ranch. 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. 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. 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. 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. In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. Stephen J. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. Although 60,000 head of cattle still graze King Ranch's sprawling acreage and the company remains a major force in the cattle industry, King Ranch has evolved into a distinct agribusiness and energy corporation. Specific information related to the desired use of the grant ii. Robert has brought to King Ranch. The awards honor the performance of the board as a whole. Its been a journey of a lifetime, Underbrink said. Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. The King Ranch, Inc., Board of Directors announced last week the search for a successor for current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. 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. (Houston, Texas) The King Ranch, Inc., Board of Directors today announced the search for a successor for the Wyoming 2015 King Ranch Cheyenne, WY Leopold Conservation Award Recipient. From 1971 to 1978 he managed the King Ranch cattle, wildlife, farm and horse operations. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. These four Divisions are located in six South Texas counties: Brooks, Jim Wells, Kenedy, Kleberg, Nueces, and Willacy. Dick Kleberg died in 1955. The company represents a colorful part of Texas history. Corporate management at the ranch predated Jack Hunt. Six-member board today: five independent directors plus CEO. These transplanted villagers went to work on the ranch. King and Kenedy also used their shipping enterprise to supply the Confederate army. He will continue to serve as an advisor to the Company on various matters. Each committee is chaired by a different external director. The chairman considers the performance of each member prior to their term renewal. Annoying wild mustangs and donkeys were captured and shipped elsewhere. Therefore, the trial court was tasked with the ministerial duty to grant relief in strict accordance with the parties' agreements. Both iterations of the board trained up the family members, who did not have governance backgrounds. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. 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). Published Jul. 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.. In 1976 Clement hired W.B. However, the City has no liability for the debt. Board meetings include reviewing overdrafts and past-due loans. San Antonio, TX. The ranch covered more than 600,000 acres by this time. 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. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. 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. Dennis Waespi was elected to the Board of Directors in November 2014. Ward 4 Board Member. One by one, the problems of running a growing ranch were addressed. Dick Nord. 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 . As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. As consumers, we often take for granted all the hard work that goes into building a great company. James manages the ranch's horse operations and lives in a bungalow near . The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. 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. Environmental Systems Design the top of most pages, or via the "Related Topics" box in the sidebar. Jul 2020 - Present2 years 9 months. The mission of the Kindness Ranch is to provide a sanctuary and place of rehabilitation for animals who have been used in laboratory research while fostering compassion for all animals. more than 50,000 books and 120,000 other kinds of references. Underbrink has been . Board of Directors data for 2023 *with the ability to . During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. 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. This well, originating more than 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. Mr Duard King Tall Timber Ranch. 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). Seven private company boards were honored for their business governance excellence at the 2021 Private Company Governance Summit on June 9, 2021. Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. 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. 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. Name Occupation Birth DeathKnown for; Ray L. Hunt: Business: 6-Apr-1943 : Chairman of Hunt Oil . Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. A majority independent board with nine outside directors, four inside (including three founders). 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. 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. 2020 BY KING'S HOME (FORMERLY THE KING'S RANCH AND HANNAH HOMES) Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. 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. TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. The board works hard to know and understand their customers. One by one, the problems of running a growing ranch were addressed. He serves on the boards of King Ranch, Inc.; Chairman of the Management . Beef was not the only thing King Ranch was able to breed successfully. COMPANY. The board has established term limits for board members and their continued service is determined on the basis of their performance on the board. Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. 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. The City Council serves as the Board of Directors. All rights reserved. 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. He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Company Ownership: Family-owned 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. 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. Cal Farley's Boys Ranch Board of directors as of 02/13/2023 SOURCE: Self-reported by organization . in the United States. Profile for KING RANCH FAMILY TRUST (Kingsville, TX - EIN 746044809) including grantees and board members as of 2019 tax year. "I was surprised when I got a call, and honored," King said Friday. 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. Houston, TX 77056 Director Angel Lopez-Ramirez is a Public Servant, Combat Veteran and Wounded Warrior. In 1867 King began using the Running W brand to mark his cattle. top of page. Fathom also ranked. As President, he serves as principal executive officer, reporting directly to the board of directors, presiding over board-of-director meetings when present. David Shaw, Publishing Director Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Phone: 832-681-5701 Principal Subsidiaries: King Ranch Holdings, Inc.; King Ranch Properties, Inc.; King Ranch do Brasil S.A. (Brazil); Big B Sugar Corp.; King Ranch Saddle Shop, Inc.; King Ranch Oil and Gas, Inc.; King Ranch Power Corp.; Kingsville Lumber Company; Robstown Hardware Company; Kingsville Publishing Company. Three Riverway, Suite 1600 expansion of the King Ranch Texas Kitchen restaurant concept. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. 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. The bank was able to pivot in the face of COVID-19 to work-from-home arrangements and, most impressively, to drive-thru mortgage closings. Under Kleberg's management, operations at the ranch were streamlined and made more efficient. 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. . While King Ranch remained a powerful entity in the business world, a new thorn threatened to shadow its anniversary celebration. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Cowboys Working in the Laureles Division - King Ranch Saddle Shop. including cotton, milo, sugar cane, almonds and pistachios and various vegetables. 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. Visit Site. Dick Nord is a Builder/Developer, affiliated as a Real Estate Broker with Windermere Commercial Real Estate in Skagit County WA. Phone: 832-681-5701 No Affliation. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. 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. King Ranch is the largest ranch in the United States. Dick Kleberg died in 1955. 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." For questions, contact Darci Cross at darcic@kcranch.org 303-979-1876, ext. Tio Kleberg continued to run the ranch's day-to-day operations. Another turnover in management took place in 1995. 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. Henrietta King died in 1925, at the age of 92. When King died in 1885, he left his entire estate to his wife, Henrietta. Todays King Ranch is a major agribusiness with interests in cattle ranching, farming (citrus, cotton, grain, sugar cane, and turfgrass), luxury retail goods, and recreational hunting. Morocco and Spain soon followed as well. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. 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. Type of Private Board: Fiduciary Board of Directors data for 2021 *with the ability to download the data for 2019, 2018, 2017, 2016, 2015 Download it now for $125. RISMedia's 2022 Power Broker Report ranks Fathom Realty number 16 in total residential sales volume, up from number 22 in 2020. He has also been an editor for the magazine The Horse since 2008. The company is transforming itself into a holding company with the newspaper at the center. From 1969 to 1971, he served as a Lieutenant in the U. S. Army . current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. As the 1990s opened, King Ranch faced a number of questions. 10 years.. As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. 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. King's Home Board of Directors. Three Riverway, Suite 1600 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. Sheila is active in CattleWomen's groups at the local, state . In 1974 Bob Kleberg died after managing the company's operations for more than half a century. 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. 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. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. 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. Immediate Past Chairman: Forrest DeBuys . Finally, in 1899, an artesian well was drilled. King Ranch Feedyard. Tio Kleberg continued to run the ranch's day-to-day operations. 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved. Copyright 2023 King Ranch. PO Box 1090. Jamey Clement is a Retired Chairman of the Board of King Ranch, Inc., where he has also served as vice president and treasurer. 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. Prior to AMERRA, he served as Senior Vice President of J.D. We accept mature and experienced students with ranch management experience, and teach them . Official Website: . 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. Type of Private Board: Fiduciary Kingsville, Texas. In the 1950s the company went international. Smith's reign lasted only a year. 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. 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. 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. Private Independent Foundations (T22) Please feel free to suggest Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. King Ranch is the largest ranch in the United States. The King Ranch Community Facilities District will appear on your property tax statement from Maricopa County as "CFD - King Ranch". These innovations included mechanized brush control methods, the identification of new and better grasses, and the development of better corrals for working cattle. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. NTEE code info. 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. However, in 1853, he founded the King Ranch that has, ever since, been a staple in Texas history. He began his career within the Animal Nutrition Division management team of Cargill, Inc. King Ranch has a rich, world-renowned legacy. 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. King Ranch Type of Private Board: Fiduciary Approximate Annual Company Revenues: $100 million-$350 million Company Ownership: Family-owned Governance highlights include: The company represents a colorful part of Texas history. Alfred Ashbrook King born 1916-07-19 in Nueces, TX, USA - 2006. Valor Ranch. After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. Principal Competitors: AzTx Cattle Company; Cactus Feeders Inc.; Lykes Bros. Inc. Dick Kleberg died in 1955. King Ranch celebrated its 150th anniversary in 2003. . 109. King Ranch Corporate Offices Company Ownership: Family-owned With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. CEO Robert Hodgen. A complete timeline of King Ranch's History from founding to present including key milestones and major events. 310 East Wildwood. PO Box 1418. 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. Sprawled across 1,300 square miles of Texas hills, desert and coastal prairies, King Ranch is among the top hunting destinations in North America, and one of the Lone Star . 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. James H. Clement, Jr. 25. The chair (family) and CEO (currently non-family) roles are split and have been for many years. To get the company back in the black, Kleberg turned to petroleum. King's Home Board of Directors. Clement Jr., is the chairman of the King Ranch board of directors. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. As the 1990s opened, King Ranch faced a number of questions. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. In 1969, he received a B. S. in Animal Science at Texas Tech University. His buying trips frequently took him into Mexico. In 1993, the company formed and acquired a 50 percent interest in Running W Citrus Limited Partnership, a subsidiary created to oversee 16,000 acres of Coca-Cola's Minute Maid Citrus Groves in South Florida. Agent Address. 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. In the 1950s the company went international. 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. . Services. Cal Farley's is a nonprofit 501(c)(3) corporation organized under the laws of the State of Texas. Several new ways to generate revenue were found over the next few years. Governance highlights include: Commerce State Bank They may be accessed by the "Bibliography" tab at Robert has been an energetic and respected leader for the Company, commented John Alexander, who chairs the 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. Approximate Annual Company Revenues: $100 million-$350 million 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. In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. In 1988, seeing a need to diversify, the family hired Darwin E . Land Resources Manager. Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. Term: 2018 - 2020. Dr. Espy has a solid resume of experiences and service to the veterinary profession . Known for; Roger L. Jarvis: Business: c. 1954 : CEO of Spinnaker Exploration, 1996-2005: CURRENT BOARD MEMBERS OR DIRECTORS. branding partnerships with Ford Motor Co., Textron Aviation and most recently with the Fertitta Family for the 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. 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. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure.

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