Another turnover in management took place in 1995. "Tio" Kleberg was born in Austin, Texas, to Richard M. Kleberg Jr. and Mary Lewis Scott Kleberg. (832) 681-5700. 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. Alexander will be 26, 2014. Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. 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. As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. Best practices taken from public boards: a first-ever corporate sustainability report, a targeted DEI initiative, quarterly board meetings with separate executive session, board agendas focused on strategy and global issues rather than operational updates, focus on ESG, board members serve set terms, allowing for ongoing board refresh. Phone: 301.529.9808 Jobs; . 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. Underbrink has been . That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. Committees do a lot of detail work, saving board meetings for more strategic topics. Approximate Annual Company Revenues: $350 million-$1 billion Board Certified Equine Reproduction. (Some members of management team are also on committees.). By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Approximate Annual Company Revenues: $100 million-$350 million 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. Board of Directors data for 2021 *with the ability to download the data for 2019, 2018, 2017, 2016, 2015 Download it now for $125. A copy of the organization's exemption letter from the Internal Revenue Service, and iv. Expansion and Innovation in the 1940s-50s. Kingsville, TX 78364 United States. Its employees Tio Kleberg King Ranch Board of Directors. Chairman: Kevin Borie. Copyright 2023 King Ranch. The boards of these companies were selected for recognition: Seven private companies were honored for governance excellence demonstrated by their fiduciary or advisory boards. As President, he serves as principal executive officer, reporting directly to the board of directors, presiding over board-of-director meetings when present. Approximate Annual Company Revenues: $100 million-$350 million 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, Inc. (trading name, 2013-07-02 - ) Agent Name. branding partnerships with Ford Motor Co., Textron Aviation and most recently with the Fertitta Family for the PO Box 1090. Benjamin Espy, DVM, DACT. 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. 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. 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. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. Hodgen holds a B.S. 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. (361) 595-5683. 5-member advisory board is diverse and includes just one family member (Raj Gupta, the executive chair). Each independent board member serves on either the audit, governance and nominating, or management development and compensation committee. Board is a leader in local involvement, supporting the company in community philanthropy. in the United States. That keeps the actual meeting time focused on strategic discussions. 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. King Ranch remained focused on its oil holdings as well and in 1999 spun off its King Ranch Energy Inc. subsidiary just before its merger with St. Mary Land and Exploration Co. Is King Ranch a real ranch? To get the company back in the black, Kleberg turned to petroleum. Kleberg quickly became an indispensable part of the ranch's operation. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. The board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. The result was a new breed, which they dubbed "Santa Gertrudis." 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. 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 series of Pacific low pressure and frontal systems moved across the , Continue Reading about U.S. drought monitor and summary report for Feb. 28. Phone: 832-681-5701 He began his career within the Animal Nutrition Division management team of Cargill, Inc. King Ranch has a rich, world-renowned legacy. Company Ownership: Family-owned Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. NTEE code info. He also currently serves as a Director of Consolidated Citrus Limited Partnership, the . King Ranch Board of Directors to Begin CEO Search January 14, 2021 For Immediate Release January 14, 2021 (Houston, Texas) -The King Ranch, Inc., Board of Directors today announced the search for a successor for the current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. When an acquisition was canceled because of the financial impact of COVID-19, the board played a role in retaining employees who were preparing to leave when the acquisition was to be completed. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Company Ownership: Employee-owned 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. The company represents a colorful part of Texas history. When King died in 1885, he left his entire estate to his wife, Henrietta. Immediate Past Chairman: Forrest DeBuys . During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. Governance highlights include: C.G. Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. Known for; Roger L. Jarvis: Business: c. 1954 : CEO of Spinnaker Exploration, 1996-2005: CURRENT BOARD MEMBERS OR DIRECTORS. Mr Duard King Tall Timber Ranch. Email: dbivins@king-ranch.com, King Ranch Corporate Offices Profile for KING RANCH FAMILY TRUST (Kingsville, TX - EIN 746044809) including grantees and board members as of 2019 tax year. Three Riverway, Suite 1600 President, CEO and a member of the board for 10 years, and an employee for 36 . As consumers, we often take for granted all the hard work that goes into building a great company. 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. Sheila is active in CattleWomen's groups at the local, state . Two weeks ago two other . 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. 211 E. 7th Street, Suite 620, Austin, TX, 78701-3136, USA. 267 were here. Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." Responsible for overall supervision and control of all functions of Valor Ranch. Director Angel Lopez-Ramirez is a Public Servant, Combat Veteran and Wounded Warrior. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Specific information related to the desired use of the grant ii. We are in the resource-management business. In 1867 King began using the Running W brand to mark his cattle. 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 . 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. the point of contact for all inquiries relating to the search. PO Box 1418. King's Home Board of Directors. 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. 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. Before joining King Ranch, Hodgen spent six years as [] Jeannie has been a board member of the Aspen Education Foundation since moving to Aspen six years ago. 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. This well, originating more than 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. 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. 0. 210.861.4765. benespy@icloud.com. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. The chairman considers the performance of each member prior to their term renewal. 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. Copyright 2023 King Ranch. 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. Land Resources Manager. 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. January 14, 2021. Jamey Clement is a Retired Chairman of the Board of King Ranch, Inc., where he has also served as vice president and treasurer. San Antonio, TX. Clement Jr., is the chairman of the King Ranch board of directors. In 1867 King began using the Running W brand to mark his cattle. Wyoming 2015 King Ranch Cheyenne, WY Leopold Conservation Award Recipient. King Ranch. 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. Richard King born 1825-07-10 in Orange County, New York - 1885 (Ranch Owner) Henrietta Maria King born 1856-04-17 in Brownsville, Cameron, Texas, USA - 1917. . 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. As the 1990s opened, King Ranch faced a number of questions. 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. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. 2, 2021, For Immediate Release King Ranch Inc. announced Friday that the 30th Annual Ranch Hand Breakfast will be held on November 20, 2021. 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). RISMedia's 2022 Power Broker Report ranks Fathom Realty number 16 in total residential sales volume, up from number 22 in 2020. All initiatives must produce cash flow to maintain the infrastructure to serve the main purpose of keeping the community informed. Beef was not the only thing King Ranch was able to breed successfully. King also began to buy and sell cattle in huge numbers. All transactions of the District are included in the City's financial statements. Stephen J. King split his time between his two businesses, steamboating and ranching, during this period. Mr. Kleberg served on the King Ranch Board of Directors from 1974 to 1988. Underbrink has been. 74-6044809. Finally, in 1899, an artesian well was drilled. King Ranch. Contact: DeJuana Bivins To get the company back in the black, Kleberg turned to petroleum. Company Ownership: Employee-owned 310 East Wildwood. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. 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. Contact: A management upheaval took place in 1987 when, within the span of half a year, Clement retired as president of King Ranch and Yarborough retired as president of the King Ranch Oil & Gas subsidiary. The awards honor the performance of the board as a whole. As the 1990s opened, King Ranch faced a number of questions. A copy of the . 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. 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. Beef was not the only thing King Ranch was able to breed successfully. Known Addresses for King Ranch, Inc. 141 West-Lauro's Hl Kingsville, TX 78363 1415 Louisiana St Houston, TX 77002 3 Riverway Houston, TX 77056 PO Box 1210 Belle Glade, FL 33430 8050 S US Highway 27 South Bay, FL 33493 PO Box 1090 Kingsville, TX 78364 17 Miles E Kingsville, TX 78363 8 W Miles Kingsville, TX 78364 405 S 6th St Kingsville, TX . King Ranch Corporate Offices Governance highlights include: Larsen Design Group Inc. A list of current Board of Directors iii. Three Riverway, Suite 1600 Copyright 2023 King Ranch. The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. 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. His buying trips frequently took him into Mexico. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. 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. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Ward 4 Board Member. Directors / Officers. Dennis Waespi was elected to the Board of Directors in November 2014. 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.. They may be accessed by the "Bibliography" tab at January 14, 2021. All rights reserved. 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.