Each committee is chaired by a different external director. Corporate management at the ranch predated Jack Hunt. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. 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. Underbrink has been President, CEO and a member of the board for 10 years, and an employee for 36 years. pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. 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. 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.. King Ranch. Approximate Annual Company Revenues: Under $100 million Terry King - Real Estate Broker Associate - Fathom Realty - LinkedIn Tio Kleberg King Ranch Board of Directors. Committees do a lot of detail work, saving board meetings for more strategic topics. Alexander will be Type of Private Board: Fiduciary . After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. Tio Kleberg | East Foundation Tio retired from management after 35 years of service and was elected to the King Ranch Board of Directors in 1995 where he serves today. King Ranch Descendants Named to List of Biggest Landowners in U.S. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. King split his time between his two businesses, steamboating and ranching, during this period. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. In 1976 Clement hired W.B. 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. production, horses, wildlife management and recreation, and the production of a number of agricultural commodities 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. Tio grew up on King Ranch in Kingsville, Texas, working summers with ranch operations. Specific information related to the desired use of the grant ii. 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. the top of most pages, or via the "Related Topics" box in the sidebar. Type of Private Board: Fiduciary 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. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. Range in Sheridan and Cherry Counties.. Kleberg built fences to divide the sprawling ranch into more manageable units. 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. Youth at Risk; DYS; . Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and Duard King Boeing Dave Vogee Blaine Pubic Schools Rob Kline Project Manager . Beef was not the only thing King Ranch was able to breed successfully. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Cal Farley's Boys Ranch Board of directors as of 02/13/2023 SOURCE: Self-reported by organization . He served as Secretary - Treasurer of King Ranch, Inc. from 1974 to 1980. top of page. The boards of these companies were selected for recognition: Seven private companies were honored for governance excellence demonstrated by their fiduciary or advisory boards. In 1867 King began using the Running W brand to mark his cattle. From 1971 to 1978 he managed the King Ranch cattle, wildlife, farm and horse operations. 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. Dick Nord. Several new ways to generate revenue were found over the next few years. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. Texasmonthly.com: The King's Palace James H. Clement, Jr. | Houston Trust Company 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. Ward 4 Board Member. 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. Within a decade, through a combination of strategic horse purchases and the application of its fabulously successful breeding techniques, King Ranch had established a dynasty of champion cutting horses. One by one, the problems of running a growing ranch were addressed. During the first 15 years of the 20th century, King Ranch managed once again to thrive in the face of further droughts, wars with Mexican raiders, and Kleberg's failing health. James H. Clement, Jr. 25. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. King Ranch Board of Directors to Begin CEO Search, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Jobs; . 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 The publisher/president and his team send a written report one week before each meeting. All rights reserved. are its most important asset. TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. Underbrink has been . The century-old King Ranch sits just outside of Cheyenne. 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. 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. appoints new board member | News | kingsvillerecord.com We are in the resource-management business. He serves on the boards of King Ranch, Inc.; Chairman of the Management . In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Contact: Company Ownership: Family-owned Members of the Cal Farley's board of directors volunteer their time, talents, leadership and prayers on behalf of the children and families whose lives Cal Farley's transforms every day. Kingnow covers 825,000 acresmore land than the state of Rhode Island. Along the way, the ranch's selective breeding efforts intensified. Email: dbivins@king-ranch.com, King Ranch Corporate Offices 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. Its been a journey of a lifetime, Underbrink said. Services. Yarborough to take control of King Ranch's oil and gas business. 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. Six-member board today: five independent directors plus CEO. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. 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. Directors / Officers. As consumers, we often take for granted all the hard work that goes into building a great company. The event was postponed in 2020 due to the COVID-19 pandemic. 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. In addition, the number of company shareholders had increased over the years through inheritances, and the very future of the ranch as a single entity was called into question. However, in 1853, he founded the King Ranch that has, ever since, been a staple in Texas history. The Private Company Governance Summit now in its ninth year, is the only national conference focused on the unique governance challenges for owners, shareholders, directors and advisory board members of closely held, family-owned and private equity-owned companies. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. He was then appointed as Senior Vice President in March 2008 and was appointed as President/CEO, as well as a Director, in June 2010. 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. The family is in its 7th generation, and we believe the time is right to proceed with 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 1969, he received a B. S. in Animal Science at Texas Tech University. Mark and his wife Trudy and their family, proudly carry on the . 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. James Clement - Land Resources Manager - King Ranch, Inc. - LinkedIn "It's a great organization, with a lot of Texas heritage to it and a great culture. 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.. Underbrink has been, KINGSVILLE Aug. 25, 2020 For Immediate Release Visitors will have to wait one more year for the 30th Annual King Ranch Ranch Hand Breakfast. A copy of the organization's exemption letter from the Internal Revenue Service, and iv. 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. Spade Ranch | Ellsworth NE - Facebook Schmidt Governance highlights include: King Ranch 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. Cowboys Working in the Laureles Division - King Ranch Saddle Shop. Dennis Waespi was elected to the Board of Directors in November 2014. Annoying wild mustangs and donkeys were captured and shipped elsewhere. 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. 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. 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. King Ranch Inc. CEO Robert Underbrink to retire, Robert Hodgen hired as 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. RISMedia's 2022 Power Broker Report ranks Fathom Realty number 16 in total residential sales volume, up from number 22 in 2020. 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved. 5-member advisory board is diverse and includes just one family member (Raj Gupta, the executive chair). branding partnerships with Ford Motor Co., Textron Aviation and most recently with the Fertitta Family for the Governance highlights include: Larsen Design Group Inc. Valor Ranch. Kleberg quickly became an indispensable part of the ranch's operation. Avery Rush No Affiliation Jeff Mitchell No Affiliation Lilia Escajeda No Affiliation Jane King No Affiliation Mike King No Affiliation Shannon Stapp No Affiliation . 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. King Ranch names Robert Hodgen new CEO - Texas and Southwestern Cattle 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. Robert J. Underbrink. He will continue to serve as an advisor to the Company on various matters. 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. Committees & Task Force - Ken-Caryl Ranch Copyright 2023 King Ranch. 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. . Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. King and Kenedy also used their shipping enterprise to supply the Confederate army. Dick Kleberg died in 1955. James H. Clement, Jr. - King Ranch Institute for Ranch Management 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. By late 1989, Coker had completed a draft ready to be sent out for peer review, a standard practice whereby academic . King Ranch Feedyard - Texas Cattle Feeders Association A majority independent board with nine outside directors, four inside (including three founders). The City Council serves as the Board of Directors. The board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. The board has professionalized its auditing and accounting systems and reports to the family with the sane integrity as a public company. 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 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 Names Robert Hodgen New CEO - King Ranch Submit a correction or make a comment about this profile. 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. Tio Kleberg continued to run the ranch's day-to-day operations. Their descendants, who became known as kinenos (King's men), have formed the core of the King Ranch workforce ever since. Two of five independent directors are women, including the chair. 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.