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. CONTACT: Warren Conway, Bricker Endowed Chair in Wildlife Management . 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. Clement Jr., is the chairman of the King Ranch board of directors. The century-old King Ranch sits just outside of Cheyenne. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. Known for; Roger L. Jarvis: Business: c. 1954 : CEO of Spinnaker Exploration, 1996-2005: CURRENT BOARD MEMBERS OR DIRECTORS. Finally, in 1899, an artesian well was drilled. In 1969, he received a B. S. in Animal Science at Texas Tech University. 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. King Ranch is the largest ranch in the United States. Corporate Governance and Nominating Committee which will be guiding the Boards search effort. They may be accessed by the "Bibliography" tab at David Shaw, Publishing Director A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. The company represents a colorful part of Texas history. 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. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. 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. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. 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. The result was a new breed, which they dubbed "Santa Gertrudis." Duard King Boeing Dave Vogee Blaine Pubic Schools Rob Kline Project Manager . Private Independent Foundations (T22) Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. Visit Site. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. 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. learn how over 7,000 companies got started! Several new ways to generate revenue were found over the next few years. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. Email: dshaw@directorsandboards.com. 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. Between 1869 and 1884, over 100,000 head of cattle from King Ranch made the trip. The family started an advisory board in 2012 and changed to a fiduciary board in 2015. 211 E. 7th Street, Suite 620, Austin, TX, 78701-3136, USA. 26, 2014. 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. books that might be critical omissions. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. We are in the resource-management business. 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. 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. 74-6044809. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and Three Riverway, Suite 1600 Finally, we can read about how these great companies came about with Company Histories.. 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. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. Tio grew up on King Ranch in Kingsville, Texas, working summers with ranch operations. To learn more, visit www.privatecompanydirector.com. After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. 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. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. Please feel free to suggest Type of Private Board: Advisory "Tio" Kleberg was born in Austin, Texas, to Richard M. Kleberg Jr. and Mary Lewis Scott Kleberg. Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. As the 1990s opened, King Ranch faced a number of questions. Term: 2018 - 2020. Mark and his wife Trudy and their family, proudly carry on the . PO Box 1090. A lawsuit was brought against the company by the descendants of Major William W. Chapman, a business partner of Richard King during the formation of the ranch in the 1850s. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. Robert has been a highly capable CEO, who helped the Company diversify and . A copy of the organization's exemption letter from the Internal Revenue Service, and iv. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. Dennis Waespi was elected to the Board of Directors in November 2014. A replay of the awards presentation is available here: https://vimeo.com/561269813. 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. The City Council serves as the Board of Directors. Underbrink has been. including cotton, milo, sugar cane, almonds and pistachios and various vegetables. 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. Richard Jr. King born 1860-12-15 in King's Ranch, Texas - 1922. 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. 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. He began his career within the Animal Nutrition Division management team of Cargill Inc. King Ranch has a rich, world-renowned legacy. The King Ranch Community Facilities District will appear on your property tax statement from Maricopa County as "CFD - King Ranch". 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. 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. Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. Corporate management at the ranch predated Jack Hunt. Kleberg quickly became an indispensable part of the ranch's operation. Along the way, the ranch's selective breeding efforts intensified. NTEE code info. CEO Robert Hodgen. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. Governance highlights include: Ulteig Engineers Inc. 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. the point of contact for all inquiries relating to the search. Approximate Annual Company Revenues: Under $100 million In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. The ranch covered more than 600,000 acres by this time. The company entered the new millennium preparing to celebrate its 150th anniversary in 2003. From 1979 to 1988 he managed the South Texas Agricultural operations. Succession of family members on the board has been developed with age limits implemented for older board members and 10-year term limits implemented for new family board members. 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. 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 external directors are adding value in development of a strategic plan that allows the company to grow and create value for employee-owners (debt, cash flow, investments). From 1969 to 1971, he served as a Lieutenant in the U. S. Army . Governance highlights include: C.G. Phone: 301.529.9808 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.. 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. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. Dick Kleberg died in 1955. Approximate Annual Company Revenues: Under $100 million . In 1988, seeing a need to diversify, the family hired Darwin E . The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. Meeting time shifted from management doing most of the talking to the advisors doing the majority of the talking and management listening. 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. Robert has brought to King Ranch. 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. Black Angus Beef Cattle, Feeder Calves and Replacement Heifers. 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. Parker Ranch, Inc. is the for-profit corporation that owns and operates the assets of the cattle ranch, real . 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 . 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved. January 14, 2021. Prior to AMERRA, he served as Senior Vice President of J.D. Tio and his wife Janell have 3 children, 6 grandchildren and reside at the King Ranch in Kingsville, Texas. 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. 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. Expansion and Innovation in the 1940s-50s. pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." The publisher/president and his team send a written report one week before each meeting. 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. 109. Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. These transplanted villagers went to work on the ranch. Tio Kleberg continued to run the ranch's day-to-day operations. James manages the ranch's horse operations and lives in a bungalow near . 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. 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. The front entrance to the King Ranch's 27-room, 37,000-square-foot Main House, with its stucco walls, red-tile roof, Italian-style carved friezes, and arched columns, has been described as "a . King Ranch operates extensive turfgrass operations and is the majority owner of the largest citrus producer in the He also currently serves as a Director of Consolidated Citrus Limited Partnership, the . 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. Both in the cattle business and in its other pursuits, the management and shareholders of King Ranch have expressed a commitment to the kind of experimentation and innovation that have helped the company thrive for so many years. Its been a journey of a lifetime, Underbrink said. King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. In addition, he is the equine veterinarian for King Ranch and has served on the King Ranch Board of Directors. The merger--structured as a stock swap worth $53 million between King Ranch and St. Mary shareholders--included properties in the Gulf of Mexico and the onshore Gulf Coast. A majority independent board with nine outside directors, four inside (including three founders). He began his career within the Animal Nutrition Division management team of Cargill, Inc. King Ranch has a rich, world-renowned legacy. 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. King also began to buy and sell cattle in huge numbers. Board of Directors data for 2021 *with the ability to download the data for 2019, 2018, 2017, 2016, 2015 Download it now for $125. Immediate Past Chairman: Forrest DeBuys . 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. In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. Robert J. Underbrink. production, horses, wildlife management and recreation, and the production of a number of agricultural commodities Copyright 2023 King Ranch. a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. 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. Governance highlights include: Daily Gazette of Schenectady Willie Pakebusch. 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. The awards presented at the online 2021 Private Company Governance Summit on June 9, honor private company boards that best serve their stakeholders owners, shareholders, employees and community with best practices in their structure and performance. When King died in 1885, he left his entire estate to his wife, Henrietta. 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. All board members also participate in the ESOP communications and administration committee. He is a trustee of the Caesar Kleberg Foundation for Wildlife Conservation. 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 quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. Mr Duard King Tall Timber Ranch. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. 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. 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. Yarborough to take control of King Ranch's oil and gas business. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. Type of Private Board: Fiduciary In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. 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. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. 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.. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. 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. Modern game management and preservation systems were also set up. The Board of Directors of King Ranch, Inc. appointed Mr. Underbrink as Vice President of Farming Operations in June 1998. Name Occupation Birth DeathKnown for; Ray L. Hunt: Business: 6-Apr-1943 : Chairman of Hunt Oil . In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. 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. succession planning for this important role.. Submit a correction or make a comment about this profile. The result was a new breed, which they dubbed "Santa Gertrudis." Type of Private Board: Fiduciary Type of Private Board: Fiduciary King and Kenedy also used their shipping enterprise to supply the Confederate army. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. Texas and Southwestern Cattle Raisers Association, To Honor and Protect the Ranching Way of Life. 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. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. 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. PO Box 1418. The awards were created to recognize private companies that go above and beyond legal governance requirements and commit to the highest levels of governance, whether through fiduciary or advisory boards. Governance highlights include: Commerce State Bank Underbrink has been . To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Houston, TX 77056 Fathom also ranked. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. Hodgen also served on Amerra's board of . Indeed, by the late 1990s King Ranch's portfolio was hugely diversified, ranging from oil to citrus to cattle. 267 were here. He served as Secretary - Treasurer of King Ranch, Inc. from 1974 to 1980. Dr. Espy has a solid resume of experiences and service to the veterinary profession . The King Ranch itself covers about 825,000 acres--slightly larger than the state of Rhode Island--on four separate divisions of land in South Texas known as the "Home Ranches": Santa Gertrudis, Laureles, Norias, and Encino. Fiduciary board awards were broken down by company revenues and ownership type.