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 . Texas and Southwestern Cattle Raisers Association, To Honor and Protect the Ranching Way of Life. 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. 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. These four Divisions are located in six South Texas counties: Brooks, Jim Wells, Kenedy, Kleberg, Nueces, and Willacy. The exact . One by one, the problems of running a growing ranch were addressed. 10 years.. Ward 4 Board Member. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Annoying wild mustangs and donkeys were captured and shipped elsewhere. Copyright 2023 King Ranch. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. Before joining King Ranch, Hodgen spent six years as [] He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. 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. The board focuses on strategic issues and selecting advisors with specific skill sets to help management. the top of most pages, or via the "Related Topics" box in the sidebar. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. The board works hard to know and understand their customers. 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. 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. (Some members of management team are also on committees.). Committees: Governance Plus (the plus refers to business succession), Finance/Audit, Risk/Cyber/Safety, Business Investment and Diversification. No Affliation. 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. Houston, TX 77056 Henrietta King died in 1925, at the age of 92. Tio and his wife Janell have 3 children, 6 grandchildren and reside at the King Ranch in Kingsville, Texas. 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. King Ranch. 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. 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. in Animal Science from Oklahoma State University and an MBA in Finance from The Wharton School of the University of Pennsylvania. 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. 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. Type of Private Board: Fiduciary 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. Kleberg quickly became an indispensable part of the ranch's operation. The board has professionalized its auditing and accounting systems and reports to the family with the sane integrity as a public company. Our alumni are progressive leaders and exceptional managers at some of the most diverse ranches in the country. The awards honor the performance of the board as a whole. In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. He served as Secretary - Treasurer of King Ranch, Inc. from 1974 to 1980. Type of Private Board: Advisory Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company. Stephen J. 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. 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. He has also been an editor for the magazine The Horse since 2008. Clement Jr., is the chairman of the King Ranch board of directors. A copy of the organization's exemption letter from the Internal Revenue Service, and iv. Ruling year info. Cowboys Working in the Laureles Division - King Ranch Saddle Shop. 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 . In the September 25, 2001 agreement, appellant agreed and stipulated to extend the October 19, 2001 . (832) 681-5700. The century-old King Ranch sits just outside of Cheyenne. Written by:Kristin HawkinsPublished on:August 10, 2021, Texas & Southwestern Cattle Raisers Association Special Ranger Mike Boone, District 23 in East , Continue Reading about Crime Watch: Horse stolen near Orange, Texas Kingsville, 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. CONTACT: Warren Conway, Bricker Endowed Chair in Wildlife Management . Type of Private Board: Fiduciary 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.. Governance highlights include: Commerce State Bank San Antonio, TX. expansion of the King Ranch Texas Kitchen restaurant concept. 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. 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved. 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. All transactions of the District are included in the City's financial statements. Cotton farming was another area into which the company plunged with a fair amount of success. 26, 2014. 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. Land Resources Manager. Board of Directors data for 2021 *with the ability to download the data for 2019, 2018, 2017, 2016, 2015 Download it now for $125. All rights reserved. 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. Compared to last week: Feeder steers and heifers sold mostly steady to 4.00 higher, , Continue Reading about Texas, Oklahoma weekly livestock auction summaries for March 3, This week's drought summary King Ranch. 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 . Finally, in 1899, an artesian well was drilled. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the . RISMedia's 2022 Power Broker Report ranks Fathom Realty number 16 in total residential sales volume, up from number 22 in 2020. Neither King Ranch nor appellant contests the validity of the rule 11 agreements or assert consent was withdrawn. Between 1869 and 1884, more than 100,000 head of cattle from King Ranch made the trip. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and 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. Company Ownership: Family-owned 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. 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. Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." Dick Nord. Tio grew up on King Ranch in Kingsville, Texas, working summers with ranch operations. 0. Officials with King Ranch Inc. announced today that the breakfast, a longstanding tradition in South, King Ranch Corporate Offices All rights reserved. Hodgen, 45, brings nearly 25 years of executive leadership and, KINGSVILLE, July. We are in the resource-management business. In 1969, he received a B. S. in Animal Science at Texas Tech University. Several new ways to generate revenue were found over the next few years. In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. Kingsville, TX 78364 | View on Google Maps. Source: International Directory of Company Histories, Vol.60. Mr. Kleberg served on the King Ranch Board of Directors from 1974 to 1988. 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. 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 1976 Clement hired W.B. The boards of these companies were selected for recognition: Seven private companies were honored for governance excellence demonstrated by their fiduciary or advisory boards. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. King Ranch. Email: dbivins@king-ranch.com, King Ranch Corporate Offices Board is a leader in local involvement, supporting the company in community philanthropy. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. 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. Governance highlights include: Daily Gazette of Schenectady King also began to buy and sell cattle in huge numbers. These transplanted villagers went to work on the ranch. 15360 James Madison Pkwy, King George, Virginia 22485, United States (240)672-7952. 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. (832) 681-5700. His buying trips frequently took him into Mexico. The result was a new breed, which they dubbed "Santa Gertrudis." Image credit: Chas S Middleton & Son. Richard Jr. King born 1860-12-15 in King's Ranch, Texas - 1922. He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. 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. Phone: 832-681-5701 The King Ranch Community Facilities District will appear on your property tax statement from Maricopa County as "CFD - King Ranch". To get the company back in the black, Kleberg turned to petroleum. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. 211 E. 7th Street, Suite 620, Austin, TX, 78701-3136, USA. Underbrink has been President, CEO and a member of the board for 10 years, and an employee for 36 years. He also currently serves as a Director of Consolidated Citrus Limited Partnership, the . The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kiñ-os, went into the retail clothing and luggage business. 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. Finally, in 1899, an artesian well was drilled. Company Ownership: Closely Held The company represents a colorful part of Texas history. 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). To ensure the most secure and best overall experience on our website, we recommend the latest versions of. branding partnerships with Ford Motor Co., Textron Aviation and most recently with the Fertitta Family for the 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. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. The publisher/president and his team send a written report one week before each meeting. As President, he serves as principal executive officer, reporting directly to the board of directors, presiding over board-of-director meetings when present. One by one, the problems of running a growing ranch were addressed. As the 1990s opened, King Ranch faced a number of questions. Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. Only a 50,000-acre ranch in Brazil remains, run by Mr. Kleberg's son Chris, 28. The GO debt and the O&M is . Robert has been a highly capable CEO, who helped the Company diversify and 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. Company Ownership: Family-owned On-site handling of all carbon, solar, and other renewable business development projects . 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. Board Certified Equine Reproduction. 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. 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 Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. 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. Approximate Annual Company Revenues: Under $100 million 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. 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. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. We see them around but we don't know what goes on behind the scenes. While King Ranch remained a powerful entity in the business world, a new thorn threatened to shadow its anniversary celebration. King Ranch Feedyard. In 1976 Clement hired W.B. We accept mature and experienced students with ranch management experience, and teach them . 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. 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. As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. Sheila is active in CattleWomen's groups at the local, state . By 1952 the company was sending livestock to outposts in Cuba and Australia with the hope of boosting production by introducing Santa Gertrudis genes into the mix. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. 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. Cal Farley's Boys Ranch Board of directors as of 02/13/2023 SOURCE: Self-reported by organization . That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King 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. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. King split his time between his two businesses, steamboating and ranching, during this period. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. 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. King Ranch Corporate Offices Three Riverway, Suite 1600 Houston, TX 77056 (832) 681-5700 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. Tio Kleberg King Ranch Board of Directors. However, the City has no liability for the debt. 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 Company operates various retail operations, including the famous King Ranch Saddle Shop, and has more than 50,000 books and 120,000 other kinds of references. 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. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Underbrink has been That keeps the actual meeting time focused on strategic discussions. 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. During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. top of page. Six-member board today: five independent directors plus CEO. books that might be critical omissions. are its most important asset. Therefore, the trial court was tasked with the ministerial duty to grant relief in strict accordance with the parties' agreements. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. 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. 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. Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management.