king ranch board of directors

The boards of these companies were selected for recognition: Seven private companies were honored for governance excellence demonstrated by their fiduciary or advisory boards. Schmidt 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. "Tio" Kleberg was born in Austin, Texas, to Richard M. Kleberg Jr. and Mary Lewis Scott Kleberg. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. In 1867 King began using the Running W brand to mark his cattle. Underbrink has been. Neither King Ranch nor appellant contests the validity of the rule 11 agreements or assert consent was withdrawn. 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. Robert J. Underbrink. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. Their descendants, who became known as kinenos (King's men), have formed the core of the King Ranch workforce ever since. All transactions of the District are included in the City's financial statements. 15360 James Madison Pkwy, King George, Virginia 22485, United States (240)672-7952. By late 1989, Coker had completed a draft ready to be sent out for peer review, a standard practice whereby academic . 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. Finally, in 1899, an artesian well was drilled. Its been a journey of a lifetime, Underbrink said. 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. 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. In 1976 Clement hired W.B. DeJuana Bivins On-site handling of all carbon, solar, and other renewable business development projects . King also began to buy and sell cattle in huge numbers. Board is made up of six independent board members and one family member (the chairman) and includes three women and one director of color. Henrietta King died in 1925, at the age of 92. From 1971 to 1978 he managed the King Ranch cattle, wildlife, farm and horse operations. 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. Email: dshaw@directorsandboards.com. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. in Animal Science from Oklahoma State University and an MBA in Finance from The Wharton School of the University of Pennsylvania. Governance highlights include: Daily Gazette of Schenectady 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. The board focuses on strategic issues and selecting advisors with specific skill sets to help management. From 1969 to 1971, he served as a Lieutenant in the U. S. Army . When King died in 1885, he left his entire estate to his wife, Henrietta. The company eventually established a presence in Brazil, Argentina, and Venezuela, where the techniques developed to clear mesquite brush in Texas could be used on South American rain forest. To get the company back in the black, Kleberg turned to petroleum. Prior to AMERRA, he served as senior vice president of J.D. Each independent board member serves on either the audit, governance and nominating, or management development and compensation committee. 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 continues to foster a culture of uncompromising quality, stewardship, and authenticitya true testament to Captain Kings integrity and commitment to the land. King split his time between his two businesses, steamboating and ranching, during this period. 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.. 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved. All initiatives must produce cash flow to maintain the infrastructure to serve the main purpose of keeping the community informed. One by one, the problems of running a growing ranch were addressed. Angel served honorably in the U.S. Army and California Army National Guard . He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. We accept mature and experienced students with ranch management experience, and teach them . That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. Tio Kleberg continued to run the ranch's day-to-day operations. All rights reserved. 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 . King Ranch. Jul 2020 - Present2 years 9 months. Dick Kleberg died in 1955. 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. The board works hard to know and understand their customers. For questions, contact Darci Cross at darcic@kcranch.org 303-979-1876, ext. Dick Kleberg died in 1955. Phone: 832-681-5701 In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. In 1867 King began using the Running W brand to mark his cattle. These four Divisions are located in six South Texas counties: Brooks, Jim Wells, Kenedy, Kleberg, Nueces, and Willacy. 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. Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. Type of Private Board: Advisory Land Resources Manager. He has also been an editor for the magazine The Horse since 2008. Wyoming 2015 King Ranch Cheyenne, WY Leopold Conservation Award Recipient. By the end of the 1860s, King Ranch longhorns were being sold in northern markets. King and Kenedy also used their shipping enterprise to supply the Confederate army. Under Kleberg's management, operations at the ranch were streamlined and made more efficient. PHILADELPHIA--(BUSINESS WIRE)--Seven private company boards were honored for their business governance excellence at the 2021 Private Company Governance Summit June 9-11, live online. 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. However, in 1853, he founded the King Ranch that has, ever since, been a staple in Texas history. 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. 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. 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. Visit Site. Internet Explorer presents a security risk. The result was a new breed, which they dubbed "Santa Gertrudis." Prior to AMERRA, he served as Senior Vice President of J.D. Services. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kiñ-os, went into the retail clothing and luggage business. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. 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. 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 . 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. With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. Duard King Boeing Dave Vogee Blaine Pubic Schools Rob Kline Project Manager . Kleberg quickly became an indispensable part of the ranch's operation. Agent Address. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. King Ranch. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. Dozens of private boards of directors were nominated for the 2021 Private Boards of the Year award, but seven stood out for their diligence, standards and outcomes. Smith's reign lasted only a year. San Antonio, TX. We see them around but we don't know what goes on behind the scenes. All board members also participate in the ESOP communications and administration committee. learn how over 7,000 companies got started! Beginning of the Kleberg Family Reign in the 1880s. King Ranch celebrated its 150th anniversary in 2003. Privacy Policy, Barles, Pete, "He Stayed Ahead of the Herd; Be Bold: Richard King, With Grit and Innovation, Built the World's Largest Ranch,", Chapman, Art, "Texas Supreme Court Ruling Adds Appeal to Legendary King Ranch Celebration,", "The Fabulous House of Kleberg: A World of Cattle and Grass,", Gonzalez, John W., "Nostalgia, Prestige Rules Kingsville, Texas, Ranch Auction,", "The King Ranch: The Last Frontier Empire Confronts the Modern World,", Pare, Terence, "New Chairman Tenderfoot Takes Over,", Romero, Simon, "Betting the Ranch, a Really Big One,". 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. 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. Angel has lived in Moreno Valley for 14 years, and spent two years at March Air Reserve Base (2003-2004). The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. A copy of the organization's exemption letter from the Internal Revenue Service, and iv. 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. King's Home Board of Directors. TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. All rights reserved. President, CEO and a member of the board for 10 years, and an employee for 36 years. (832) 681-5700. Liked by Terry King. The board has established term limits for board members and their continued service is determined on the basis of their performance on the board. 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 . He also currently serves as a Director of Consolidated Citrus Limited Partnership, the . Committees including Nominating and Governance, Audit and Risk, Compensation and Talent, and Innovation. Yarborough to take control of King Ranch's oil and gas business. The Board of Directors of King Ranch, Inc. appointed Mr. Underbrink as Vice President of Farming Operations in June 1998. 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. Yarborough to take control of King Ranch's oil and gas business. Indeed, by the late 1990s King Ranch's portfolio was hugely diversified, ranging from oil to citrus to cattle. 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. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. Approximate Annual Company Revenues: Under $100 million Founders of the organization sought to address the loss of historically significant ranch structures to time and the elements. In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. Several new ways to generate revenue were found over the next few years. 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. Governance highlights include: Ulteig Engineers Inc. work to identify new leadership with the same passion and dedication Robert has provided King Ranch for the last Smith's reign lasted only a year. 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. 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. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Responsible for overall supervision and control of all functions of Valor Ranch. During the first fifteen years of the twentieth century, King Ranch managed once again to thrive in the face of further droughts, wars with Mexican raiders, and Kleberg's failing health. 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. . 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. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. EIN. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. (832) 681-5700. 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. Board of Directors data for 2023 *with the ability to . King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. 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). Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. Kleberg quickly became an indispensable part of the ranch's operation. Houston, TX 77056 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). 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. Ruling year info. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. 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. 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." Kleberg married King's daughter Alice the following year. Dick Kleberg died in 1955. 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. He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. Stephen J. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. Its employees are its most important asset. Source: International Directory of Company Histories, Vol.60. 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. 109. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. In the 1950s the company went international. Company Ownership: Family-owned 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. King's Home Board of Directors. 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. James manages the ranch's horse operations and lives in a bungalow near . Two weeks ago two other . Kingsville, Texas, United States. 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. Known for; Roger L. Jarvis: Business: c. 1954 : CEO of Spinnaker Exploration, 1996-2005: CURRENT BOARD MEMBERS OR DIRECTORS. Company Ownership: Employee-owned By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. January 14, 2021. Morocco and Spain soon followed as well. Type of Private Board: Fiduciary The family started an advisory board in 2012 and changed to a fiduciary board in 2015. 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. 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. He serves on the boards of King Ranch, Inc.; Chairman of the Management . Before joining King Ranch, Hodgen spent six . He began his career within the Animal Nutrition Division management team of Cargill, Inc. King Ranch has a rich, world-renowned legacy. Underbrink has been . He worked at the East Bay Regional Park District in a variety of positions for 38 years, beginning in 1974. 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. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses.

king ranch board of directors 2023