. in Animal Science from Oklahoma State University and an MBA in Finance from The Wharton School of the University of Pennsylvania. A complete timeline of King Ranch's History from founding to present including key milestones and major events. All rights reserved. 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. 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. 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. Houston, TX 77056 Black Angus Beef Cattle, Feeder Calves and Replacement Heifers. Houston, TX 77056 Visit Site. We are in the resource-management business. Known for; Roger L. Jarvis: Business: c. 1954 : CEO of Spinnaker Exploration, 1996-2005: CURRENT BOARD MEMBERS OR DIRECTORS. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kinenos, went into the retail clothing and luggage business. Company Chairman James H. Clement commented, King Ranch and its family owners recognize the leadership As President, he serves as principal executive officer, reporting directly to the board of directors, presiding over board-of-director meetings when present. The GO debt and the O&M is . Email: dbivins@king-ranch.com, King Ranch Corporate Offices Robert J. Underbrink. Governance highlights include: Ulteig Engineers Inc. Another turnover in management took place in 1995. In the 1950s the company went international. 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. Directors / Officers. 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. 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. He will continue to serve as an advisor to the Company on various matters. 78212-1756. 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. Two weeks ago two other . PO Box 1090. No Affliation. Mr Duard King Tall Timber Ranch. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. A copy of the organization's exemption letter from the Internal Revenue Service, and iv. When King died in 1885, he left his entire estate to his wife, Henrietta. Cal Farley's Boys Ranch Board of directors as of 02/13/2023 SOURCE: Self-reported by organization . 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 Ranch is a corporation that is privately owned by around 60 people who are the descendants of Richard King. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Three Riverway, Suite 1600 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. 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. Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. The King Ranch Community Facilities District will appear on your property tax statement from Maricopa County as "CFD - King Ranch". pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. Jeannie has been a board member of the Aspen Education Foundation since moving to Aspen six years ago. in the United States. The awards honor the performance of the board as a whole. In 1867 King began using the Running W brand to mark his cattle. An independent Transition Committee of the board, consisting of the four independent directors, guided LDG through its transition from a 60% ESOP to a 100% ESOP in 2020 and selected the third CEO in the companys history. Along the way, the ranch's selective breeding efforts intensified. 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 bank was able to pivot in the face of COVID-19 to work-from-home arrangements and, most impressively, to drive-thru mortgage closings. 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. 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. 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. Between 1869 and 1884, over 100,000 head of cattle from King Ranch made the trip. Corporate Governance and Nominating Committee which will be guiding the Boards search effort. 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. 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. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. 210.861.4765. benespy@icloud.com. 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. 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. 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. Wyoming 2015 King Ranch Cheyenne, WY Leopold Conservation Award Recipient. The board has established term limits for board members and their continued service is determined on the basis of their performance on the board. Cowboys Working in the Laureles Division - King Ranch Saddle Shop. Robert has been a highly capable CEO, who helped the Company diversify and 5-member advisory board is diverse and includes just one family member (Raj Gupta, the executive chair). He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. Mr. Kleberg served on the King Ranch Board of Directors from 1974 to 1988. 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. A majority independent board with nine outside directors, four inside (including three founders). Official Website: . 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. Dick Nord is a Builder/Developer, affiliated as a Real Estate Broker with Windermere Commercial Real Estate in Skagit County WA. Immediate Past Chairman: Forrest DeBuys . Responsible for overall supervision and control of all functions of Valor Ranch. Is King Ranch a real ranch? Detailed process for selecting family members for board service, beginning with board observer roles, then submission of a resume, statement of why they wish to join the board, an oral statement and a four-hour interview, with an outside third party assisting. One by one, the problems of running a growing ranch were addressed. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. He began his career within the Animal Nutrition Division management team of Cargill Inc. King Ranch has a rich, world-renowned legacy. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the . 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. Therefore, the trial court was tasked with the ministerial duty to grant relief in strict accordance with the parties' agreements. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. Stephen J. King's Home Board of Directors. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. By late 1989, Coker had completed a draft ready to be sent out for peer review, a standard practice whereby academic . Board of Directors data for 2020 *with the ability to download the data for 2019 Their descendants, who became known as kinenos (King's men), have formed the core of the King Ranch workforce ever since. NNDB has added thousands of bibliographies for people, organizations, schools, and general topics, listing Internet Explorer presents a security risk. 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.. TALL TIMBER RANCH Board of directors as of 05/28/2020 SOURCE: Self-reported by organization Board chair. President, CEO and a member of the board for 10 years, and an employee for 36 years. Cal Farley's is a nonprofit 501(c)(3) corporation organized under the laws of the State of Texas. Term: 2018 - 2020. 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. Dick Kleberg died in 1955. Type of Private Board: Advisory He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. King Ranch is the largest ranch in the United States. Dennis Waespi was elected to the Board of Directors in November 2014. "It's a great organization, with a lot of Texas heritage to it and a great culture. Alexander will be To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. Stephen J. King Ranch Corporate Offices Services. 267 were here. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. 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. Company Ownership: Closely Held 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. In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. Founders of the organization sought to address the loss of historically significant ranch structures to time and the elements. King Ranch had made significant changes in its operations since the early 1990s and its business environment would no doubt continue to transform into the years to come as management looked to diversify into new profitable areas. Only a 50,000-acre ranch in Brazil remains, run by Mr. Kleberg's son Chris, 28. David Shaw, Publishing Director The century-old King Ranch sits just outside of Cheyenne. 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. Avery Rush No Affiliation Jeff Mitchell No Affiliation Lilia Escajeda No Affiliation Jane King No Affiliation Mike King No Affiliation Shannon Stapp No Affiliation . The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kiñ-os, went into the retail clothing and luggage business. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. The work of the EPC consists primarily of formulating, organizing, and presenting a variety of continuing education programs for the AAEP. The Kleberg family's choice to replace him as president and chief executive officer of the company was James H. Clement, the husband of Ida Larkin, one of Richard King's great-granddaughters (and Robert Kleberg, Sr.'s, granddaughters). Profile for KING RANCH FAMILY TRUST (Kingsville, TX - EIN 746044809) including grantees and board members as of 2019 tax year. Board meetings include reviewing overdrafts and past-due loans. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. We accept mature and experienced students with ranch management experience, and teach them . 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. Dick Kleberg died in 1955. All initiatives must produce cash flow to maintain the infrastructure to serve the main purpose of keeping the community informed. United States. 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). 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 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. 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 1988, seeing a need to diversify, the family hired Darwin E . That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. Land Resources Manager. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. Prior to AMERRA, he served as Senior Vice President of J.D. 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. 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. Company Ownership: Employee-owned Willie Pakebusch. Jobs; . Kleberg built fences to divide the sprawling ranch into more manageable units. Phone: 832-681-5701 That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. 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. Email: dshaw@directorsandboards.com. Under Kleberg's management, operations at the ranch were streamlined and made more efficient. Clement Jr., is the chairman of the King Ranch board of directors. ANTHONY A. SIMMONS, director. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love.