King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. Approximate Annual Company Revenues: Under $100 million As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. Richard Jr. King born 1860-12-15 in King's Ranch, Texas - 1922. The family is in its 7th generation, and we believe the time is right to proceed with 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. Before joining King Ranch, Hodgen spent six . King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. King Ranch is the largest ranch in the United States. Clement Jr., is the chairman of the King Ranch board of directors. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. Governance highlights include: C.G. 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. (832) 681-5700. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kinenos, went into the retail clothing and luggage business. Kingsville, TX 78364 United States. King Ranch Type of Private Board: Fiduciary Approximate Annual Company Revenues: $100 million-$350 million Company Ownership: Family-owned Governance highlights include: 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. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. Committees including Nominating and Governance, Audit and Risk, Compensation and Talent, and Innovation. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. These innovations included mechanized brush control methods, the identification of new and better grasses, and the development of better corrals for working cattle. However, in 1853, he founded the King Ranch that has, ever since, been a staple in Texas history. Private Independent Foundations (T22) 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. 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. Dick Nord. The ranch is a commercial cow/calf operation that has been in Jeff's family since the early 1870s. Clement Jr., is the chairman of the King Ranch board of directors. 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. During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. Jul 2020 - Present2 years 9 months. King Ranch, Inc., is a privately-held agricultural production and resource management company established in 1853. King Ranch Descendants Named to List of Biggest Landowners in U.S. 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. 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. Although it is perhaps most famous for its agribusiness segment (cattle breeding; horse breeding; farming; citrus groves; commodity marketing and processing; commercial hunting leases), King Ranch also oversees retail operations including luggage and leather goods, farm equipment, commercial printing, and tourism. pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. Kleberg married King's daughter Alice the following year. In 1976 Clement hired W.B. 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 . Board meetings include reviewing overdrafts and past-due loans. King and Kenedy also used their shipping enterprise to supply the Confederate army. 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. Finally, in 1899, an artesian well was drilled. 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. These transplanted villagers went to work on the ranch. 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. 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. Robert J. Underbrink. In 1867 King began using the Running W brand to mark his cattle. COMPANY. 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. The century-old King Ranch sits just outside of Cheyenne. PO Box 1090. 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. 10 years.. 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 celebrated its 150th anniversary in 2003. 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. 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. Immediate Past Chairman: Forrest DeBuys . When King died in 1885, he left his entire estate to his wife, Henrietta. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. Committees & Task Force - Ken-Caryl Ranch 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. 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. King Ranch operates extensive turfgrass operations and is the majority owner of one of the largest citrus producers Board is made up of six independent board members and one family member (the chairman) and includes three women and one director of color. The King Ranch Community Facilities District will appear on your property tax statement from Maricopa County as "CFD - King Ranch". The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. 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. 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). Environmental Systems Design King Ranch names Robert Hodgen as the new CEO Specific information related to the desired use of the grant ii. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. Phone: 832-681-5701 Approximate Annual Company Revenues: $100 million-$350 million King Ranch Feedyard. Duard King Boeing Dave Vogee Blaine Pubic Schools Rob Kline Project Manager . Sep 25, 2011. Tio graduated from Texas Military Institute in 1964. The King's Palace - Texas Monthly Parker Ranch, Inc. is the for-profit corporation that owns and operates the assets of the cattle ranch, real . During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. Watch what Chance Muehlstein, King Ranch Institute for Ranch Management graduate student, has to share about his Parker Ranch internship this past summer. Board of Directors - Valor Ranch By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Profile for KING RANCH FAMILY TRUST (Kingsville, TX - EIN 746044809) including grantees and board members as of 2019 tax year. King Ranch is the largest ranch in the United States. 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. are its most important asset. Valor Ranch. While King Ranch remained a powerful entity in the business world, a new thorn threatened to shadow its anniversary celebration. Jobs; . Cotton farming was another area into which the company plunged with a fair amount of success. King Ranch. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. The publisher/president and his team send a written report one week before each meeting. 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. 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. We are in the resource-management business. Mr. Kleberg served on the King Ranch Board of Directors from 1974 to 1988. 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. As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. (832) 681-5700. King and Kenedy also used their shipping enterprise to supply the Confederate army. 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). Tio and his wife Janell have 3 children, 6 grandchildren and reside at the King Ranch in Kingsville, Texas. Mark and his wife Trudy and their family, proudly carry on the . Meeting time shifted from management doing most of the talking to the advisors doing the majority of the talking and management listening. Both in the cattle business and in its other pursuits, the management and shareholders of King Ranch expressed a commitment to the kind of experimentation and innovation that helped the company to thrive for so many years. 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. Ward 4 Board Member. Three Riverway, Suite 1600 Corporate Governance and Nominating Committee which will be guiding the Boards search effort. 4 years ago. By late 1989, Coker had completed a draft ready to be sent out for peer review, a standard practice whereby academic . Spade Ranch | Ellsworth NE - Facebook Governance highlights include: Larsen Design Group Inc. King Ranch, Inc. (trading name, 2013-07-02 - ) Agent Name. Chairman: Kevin Borie.