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,". Willie Pakebusch. . 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). 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. Company Ownership: Family-owned 74-6044809. Underbrink has been President, CEO and a member of the board for 10 years, and an employee for 36 years. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. 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. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. 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. Dick Kleberg died in 1955. Neither King Ranch nor appellant contests the validity of the rule 11 agreements or assert consent was withdrawn. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. NNDB has added thousands of bibliographies for people, organizations, schools, and general topics, listing 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. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. 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. more than 50,000 books and 120,000 other kinds of references. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. 1989. Underbrink has been . San Antonio, TX. 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. No Affliation. A copy of the . Yarborough to take control of King Ranch's oil and gas business. King's Home Board of Directors. The King Ranch name and its Running W brand, first used by Captain King 1869 when he became a sole proprietor, continue as one of the most widely recognized identities in the industry. 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. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Kingsville, TX 78364 United States. Expansion and Innovation in the 1940s-50s. Dick Nord. Smith, who last November was one of the first three outsiders to join the King Ranch board, will continue to direct Kimberly-Clark, a Dallas-based paper goods company. Sep 25, 2011. Type of Private Board: Fiduciary production, horses, wildlife management and recreation, and the production of a number of agricultural commodities Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses." The board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. Services. (832) 681-5700. "Tio" Kleberg was born in Austin, Texas, to Richard M. Kleberg Jr. and Mary Lewis Scott Kleberg. 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. All initiatives must produce cash flow to maintain the infrastructure to serve the main purpose of keeping the community informed. Tio graduated from Texas Military Institute in 1964. Dick Kleberg died in 1955. 0. In 1988, seeing a need to diversify, the family hired Darwin E . Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. Stephen J. Dick Kleberg died in 1955. 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. Copyright (c) 2022 Company-Histories.com. Angel served honorably in the U.S. Army and California Army National Guard . President, CEO and a member of the board for 10 years, and an employee for 36 years. CONTACT: Warren Conway, Bricker Endowed Chair in Wildlife Management . King Ranch Corporate Offices Three Riverway, Suite 1600 Houston, TX 77056 (832) 681-5700 We are in the resource-management business. He also bought a stake in the Idle Hour Stable in Lexington, Kentucky, in 1946. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. 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. Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. The company represents a colorful part of Texas history. This well, originating more than 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. King split his time between his two businesses, steamboating and ranching, during this period. (361) 595-5683. Cal Farley's is a nonprofit 501(c)(3) corporation organized under the laws of the State of Texas. (832) 681-5700. Angel has lived in Moreno Valley for 14 years, and spent two years at March Air Reserve Base (2003-2004). King and Kenedy also used their shipping enterprise to supply the Confederate army. Kleberg built fences to divide the sprawling ranch into more manageable units. In 1976 Clement hired W.B. In 1993, the company formed and acquired a 50 percent interest in Running W Citrus Limited Partnership, a subsidiary created to oversee 16,000 acres of Coca-Cola's Minute Maid Citrus Groves in South Florida. This well, originating over 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. 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. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kinenos, went into the retail clothing and luggage business. Under Kleberg's management, operations at the ranch were streamlined and made more efficient. COPYRIGHT | PRIVACY POLICY | TERMSOFUSE, about Crime Watch: Horse stolen near Orange, about Texas, Oklahoma weekly livestock auction summaries for March 3, about U.S. drought monitor and summary report for Feb. 28, Texas, Oklahoma weekly livestock auction summaries for March 3, U.S. drought monitor and summary report for Feb. 28. Official Website:http://www.king-ranch.com/, Do you know something we don't? Schmidt When King died in 1885, he left his entire estate to his wife, Henrietta. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. Prior to AMERRA, he served as senior vice president of J.D. 78212-1756. 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. He then bought the parcels and annexed them to the 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. 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. Company Chairman John D. Alexander Jr. and John T. Steen III Vice-Chairman commented that the King Ranch board is looking forward to working with Robert and are confident his broad professional experience along with a deep knowledge of finance and ag related investments make him a great choice to lead King Ranch into the future. All transactions of the District are included in the City's financial statements. Fathom also ranked. CEO Robert Hodgen. 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. Board of Directors data for 2023 *with the ability to . Submit a correction or make a comment about this profile. 267 were here. These transplanted villagers went to work on the ranch. As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. By 1952 the company was sending livestock to outposts in Cuba and Australia in hopes of boosting production by introducing Santa Gertrudis genes into the mix. 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. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company. 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. 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. 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. branding partnerships with Ford Motor Co., Textron Aviation and most recently with the Fertitta Family for the 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. 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. The company is transforming itself into a holding company with the newspaper at the center. Tio Kleberg continued to run the ranch's day-to-day operations. 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. 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. RISMedia's 2022 Power Broker Report ranks Fathom Realty number 16 in total residential sales volume, up from number 22 in 2020. King Ranch Board of Directors to Begin CEO Search, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Mrs. King's death brought about a web of complications stemming from the division of her estate, high estate taxes, and various debts. Corporate management at the ranch predated Jack Hunt. Name Occupation Birth DeathKnown for; Ray L. Hunt: Business: 6-Apr-1943 : Chairman of Hunt Oil . That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch.