Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. King Ranch. The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has branding partnerships which include Ford Motor Co.. Board of Directors - 2022. 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. By that time, King Ranch had grown to well over 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. The Santa Gertrudis cattle combined the beefiness of the British Shorthorns with the Brahmans' ability to withstand the hot climate of summertime Texas. Type of Private Board: Fiduciary Headquartered in Texas and owner of the historic 825,000 acre King Ranch, its operations include cattle breeding and production, horses, wildlife management and recreation, and the production of a number of agricultural commodities including cotton, milo, sugar cane, almonds and pistachios and various vegetables. 4 years ago. Kingnow covers 825,000 acresmore land than the state of Rhode Island. The Fence Task Force will address fencing inconsistencies and appearance on Ken-Caryl Ranch and develop recommendations for improvements to community perimeter fencing that borders major roads, greenbelts, open space, and other areas as needed. 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. Jul 2020 - Present2 years 9 months. are its most important asset. Tio graduated from Texas Military Institute in 1964. Governance highlights include: King Ranch Black Angus Beef Cattle, Feeder Calves and Replacement Heifers. Kleberg married King's daughter Alice the following year. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. COMPANY. Parts of King Ranch's property were opened not only to hunters, who pay nearly $3 million a year to shoot at deer, turkeys, and other animals, but to tourists as well. King Ranch Board of Directors to Begin CEO Search, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. By 1952 the company was sending livestock to outposts in Cuba and Australia with the hope of boosting production by introducing Santa Gertrudis genes into the mix. 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. 210.861.4765. benespy@icloud.com. 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. All rights reserved. Copyright 2023 King Ranch. Several new ways to generate revenue were found over the next few years. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. Prior to AMERRA, he served as senior vice president of J.D. Three Riverway, Suite 1600 Type of Private Board: Advisory succession planning for this important role.. 1989. These innovations included mechanized brush control methods, the identification of new and better grasses, and the development of better corrals for working cattle. To get the company back in the black, Kleberg turned to petroleum. 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. Hodgen holds a B.S. 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). In 1974 Bob Kleberg died after managing the company's operations for more than half a century. 267 were here. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. Billionaire Stan Kroenke, owner of what are now the NFL's Los Angeles Rams, has purchased a massive Texas ranch that had a $725 million price tag. We accept mature and experienced students with ranch management experience, and teach them . 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. 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. Agent Address. Discover King Ranchs Affiliated Websites, Discover our legacy of handcrafted quality, Drive the bold ruggedness of the King Ranch Ford Truck, Find the highest quality turfgrass for your lawn, Explore the best bermuda greens grasses for golf courses, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. He then bought the parcels and annexed them to the ranch. Is King Ranch a real ranch? Three Riverway, Suite 1600 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. Duard King Boeing Dave Vogee Blaine Pubic Schools Rob Kline Project Manager . 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. As Kleberg became weaker, he passed on responsibility for running the ranch to his sons, Bob and Dick Kleberg. Board is a leader in local involvement, supporting the company in community philanthropy. 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. For questions, contact Darci Cross at darcic@kcranch.org 303-979-1876, ext. After the passing of one of the ranch owners, the ranch management was left in the hands of Mark Eisele, who has worked on the ranch since the 1970s. Between 1869 and 1884, more than 100,000 head of cattle from King Ranch made the trip. CEO Robert Hodgen. Company Chairman James H. Clement commented, King Ranch and its family owners recognize the leadership Chance completed a project focusing on Key Performance Indicators that management and the board of directors can use to determine the ranch's profitability and productivity, while also . Profile for KING RANCH FAMILY TRUST (Kingsville, TX - EIN 746044809) including grantees and board members as of 2019 tax year. In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. King Ranch is a corporation that is privately owned by around 60 people who are the descendants of Richard King. Company Ownership: Family-owned King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Another turnover in management took place in 1995. 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 January 14, 2021. 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. We see them around but we don't know what goes on behind the scenes. Yarborough to take control of King Ranch's oil and gas business. Morocco and Spain soon followed as well. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. Type of Private Board: Fiduciary The board has established term limits for board members and their continued service is determined on the basis of their performance on the board. Best practices taken from public boards: executive session preceding each quarterly board meeting, continual refreshment of board advisors to be certain that it is composed of individuals that have experience in the issues affecting the future of the company, board members act as much as possible like a public board. (Houston, Texas) The King Ranch, Inc., Board of Directors today announced the search for a successor for the King's Home Board of Directors. That keeps the actual meeting time focused on strategic discussions. 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. 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. 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. Immediate Past Chairman: Forrest DeBuys . Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. 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. Only a 50,000-acre ranch in Brazil remains, run by Mr. Kleberg's son Chris, 28. 74-6044809. Phone: 832-681-5701 Image credit: Chas S Middleton & Son. These transplanted villagers went to work on the ranch. Range in Sheridan and Cherry Counties.. 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. Houston, TX 77056 Committees including Nominating and Governance, Audit and Risk, Compensation and Talent, and Innovation. The century-old King Ranch sits just outside of Cheyenne. He is a founding board member of The Texas Agricultural Land Trust, Texan by Nature, and served on the East Foundation's Professional Advisors Group. King Ranch operates extensive turfgrass operations and is the majority owner of one of the largest citrus producers pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. 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 King Ranch itself, which 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. From 1971 to 1978 he managed the King Ranch cattle, wildlife, farm and horse operations. 2020 BY KING'S HOME (FORMERLY THE KING'S RANCH AND HANNAH HOMES) Known for; Roger L. Jarvis: Business: c. 1954 : CEO of Spinnaker Exploration, 1996-2005: CURRENT BOARD MEMBERS OR DIRECTORS. 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. I was just honored to be considered for the board. Although King Ranch management maintained that the suit had no merit, its legitimacy was upheld in appellate courts and went under review of the Texas Supreme Court. 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. King Ranch. Clement Jr., is the chairman of the King Ranch board of directors. 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. 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. . The event was postponed in 2020 due to the COVID-19 pandemic. 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. Chairman: Kevin Borie. 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. learn how over 7,000 companies got started! Cotton farming was another area into which the company plunged with a fair amount of success. Responsible for overall supervision and control of all functions of Valor Ranch. Name Occupation Birth DeathKnown for; Ray L. Hunt: Business: 6-Apr-1943 : Chairman of Hunt Oil . Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. The ranch covered more than 600,000 acres by this time. 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. One by one, the problems of running a growing ranch were addressed. 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. 211 E. 7th Street, Suite 620, Austin, TX, 78701-3136, USA. Robert has been an energetic and respected leader for the Company, commented John Alexander, who chairs the In 1988, seeing a need to diversify, the family hired Darwin E . He began his career within the Animal Nutrition Division management team of Cargill Inc. King Ranch has a rich, world-renowned legacy. King and Kenedy also used their shipping enterprise to supply the Confederate army. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. His buying trips frequently took him into Mexico. James manages the ranch's horse operations and lives in a bungalow near . Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. In 1867 King began using the Running W brand to mark his cattle. Submit a correction or make a comment about this profile. 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. 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. King Ranch. Modern game management and preservation systems were also set up. Board of Directors data for 2021 *with the ability to download the data for 2019, 2018, 2017, 2016, 2015 Download it now for $125. Please feel free to suggest Type of Private Board: Fiduciary 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. 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. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. Hodgen also served on Amerra's board of . Other businesses in which King Ranch is involved include residential real estate and a smattering of retail and commercial ventures near its Texas home turf. 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. Jobs; . Dick Nord is a Builder/Developer, affiliated as a Real Estate Broker with Windermere Commercial Real Estate in Skagit County WA. While King Ranch remained a powerful entity in the business world, a new thorn threatened to shadow its anniversary celebration. In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. King Ranch operates extensive turfgrass operations and is the majority owner of the largest citrus producer in the Kleberg married King's daughter Alice the following year. 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.. Committees: Governance Plus (the plus refers to business succession), Finance/Audit, Risk/Cyber/Safety, Business Investment and Diversification. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Email: dshaw@directorsandboards.com. 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. King Ranch, Inc. (trading name, 2013-07-02 - ) Agent Name. 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. Board of Directors data for 2023 *with the ability to . One by one, the problems of running a growing ranch were addressed. 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. The chairman considers the performance of each member prior to their term renewal. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. To get the company back in the black, Kleberg turned to petroleum. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. Term: 2018 - 2020. A majority independent board with nine outside directors, four inside (including three founders). This well, originating over 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. It is mainly a cattle ranch, but also produced the Triple Crown winning . 78212-1756. Angel served honorably in the U.S. Army and California Army National Guard . Underbrink has been President, CEO and a member of the board for 10 years, and an employee for 36 years. 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,". A lawsuit was brought against the company by the descendants of Major William W. Chapman, a business partner of Richard King during the formation of the ranch in the 1850s. He serves as a board member of the Texas State Historical . In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Private Independent Foundations (T22) 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. . King split his time between his two businesses, steamboating and ranching, during this period. 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. Main address. Source: International Directory of Company Histories, Vol.60. Two weeks ago two other . Before joining King Ranch, Hodgen spent six years as [] Mark and his wife Trudy and their family, proudly carry on the . On-site handling of all carbon, solar, and other renewable business development projects . Kingsville, Texas. A replay of the awards presentation is available here: https://vimeo.com/561269813. The ranch covered more than 600,000 acres by this time. James H. Clement, Jr. 25. 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. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. These transplanted villagers went to work on the ranch. He served as Secretary - Treasurer of King Ranch, Inc. from 1974 to 1980. The board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. 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. 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. From its beginnings in the mid-19th century as a family cattle ranch, the company has evolved into a major multinational operation active in a variety of agricultural and energy-related activities. Hodgen holds a bachelors degree in animal science from Oklahoma State University and an masters degree in finance from The Wharton School of the University of Pennsylvania. The board focuses on strategic issues and selecting advisors with specific skill sets to help management. In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. Six-member board today: five independent directors plus CEO. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output.