These transplanted villagers went to work on the ranch. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. Stephen J. "Tio" Kleberg - Caesar Kleberg Wildlife Research Institute Copyright 2023 King Ranch. Although several King heirs wanted to break up and sell the ranch to turn a quick profit, the family decided to keep it intact. Jeannie has been a board member of the Aspen Education Foundation since moving to Aspen six years ago. King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. 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. King Ranch, Inc., is a privately-held agricultural production and resource management company established in 1853. Copyright 2023 King Ranch. Committees & Task Force - Ken-Caryl Ranch (832) 681-5700. Seven private company boards were honored for their business governance excellence at the 2021 Private Company Governance Summit on June 9, 2021. Company Ownership: Family-owned Visit Site. 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. Committees do a lot of detail work, saving board meetings for more strategic topics. 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. . Chairman: Kevin Borie. a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. Robert has brought to King Ranch. Type of Private Board: Fiduciary 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. expansion of the King Ranch Texas Kitchen restaurant concept. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. Their descendants, who became known as kinenos (King's men), have formed the core of the King Ranch workforce ever since. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Youth at Risk; DYS; . Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. Beginning of the Kleberg Family Reign in the 1880s. Contact: In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Meanwhile, brother Dick served the company from the outside as president of the Texas and Southwestern Cattle Raisers Association and, beginning in 1931, as a seven-term member of the U.S. Congress. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. In 1976 Clement hired W.B. NNDB has added thousands of bibliographies for people, organizations, schools, and general topics, listing In 1974 Bob Kleberg died after managing the company's operations for more than half a century. To learn more, visit www.privatecompanydirector.com. (Houston, Texas) The King Ranch, Inc., Board of Directors today announced the search for a successor for the 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. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. Profile for KING RANCH FAMILY TRUST (Kingsville, TX - EIN 746044809) including grantees and board members as of 2019 tax year. Between 1869 and 1884, over 100,000 head of cattle from King Ranch made the trip. Clement stated that Underbrink will remain President, CEO and a board member until a successor is announced. PO Box 1418. From 1971 to 1978 he managed the King Ranch cattle, wildlife, farm and horse operations. The ranch is a commercial cow/calf operation that has been in Jeff's family since the early 1870s. Known Addresses for King Ranch, Inc. 141 West-Lauro's Hl Kingsville, TX 78363 1415 Louisiana St Houston, TX 77002 3 Riverway Houston, TX 77056 PO Box 1210 Belle Glade, FL 33430 8050 S US Highway 27 South Bay, FL 33493 PO Box 1090 Kingsville, TX 78364 17 Miles E Kingsville, TX 78363 8 W Miles Kingsville, TX 78364 405 S 6th St Kingsville, TX . By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. A majority independent board with nine outside directors, four inside (including three founders). That keeps the actual meeting time focused on strategic discussions. Underbrink has been . King Ranch is the largest ranch in the United States. 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. During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. in Animal Science from Oklahoma State University and an MBA in Finance from The Wharton School of the University of Pennsylvania. COMPANY. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. Chartered as a Texas non-profit corporation in 1969, the Association's stated purpose was to preserve the physical, social and cultural aspects of ranching and to perpetuate the traditions intrinsic values and history of one of our nation's most important industries. David Shaw, Publishing Director 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. 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 [] Hodgen, 45, brings nearly 25 years of executive leadership and, KINGSVILLE, July. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. Immediate Past Chairman: Forrest DeBuys . (832) 681-5700. King Ranch, Inc. :: Texas (US) :: OpenCorporates CEO Robert Hodgen. 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. He served as Secretary - Treasurer of King Ranch, Inc. from 1974 to 1980. Three Riverway, Suite 1600 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. King also began to buy and sell cattle in huge numbers. Cotton farming was another area into which the company plunged with a fair amount of success. Indeed, by the late 1990s King Ranch's portfolio was hugely diversified, ranging from oil to citrus to cattle. From 1969 to 1971, he served as a Lieutenant in the U. S. Army . In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. Approximate Annual Company Revenues: Under $100 million The company represents a colorful part of 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. Alfred Ashbrook King born 1916-07-19 in Nueces, TX, USA - 2006. Several new ways to generate revenue were found over the next few years. Sep 25, 2011. 4 years ago. Kingsville, Texas. King Ranch Family Trust - GuideStar Profile During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. One by one, the problems of running a growing ranch were addressed. Board of Directors | King's Home 26, 2014. Dennis Waespi was elected to the Board of Directors in November 2014. Email: dshaw@directorsandboards.com. top of page. San Antonio, TX. Each independent board member serves on either the audit, governance and nominating, or management development and compensation committee. The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. When Hunt told his board of directors at a meeting in Houston that he wanted to pay a consulting firm $500,000 to do a study assessing the King Ranch's environmental problems, Tio glared at him . Sprawled across 1,300 square miles of Texas hills, desert and coastal prairies, King Ranch is among the top hunting destinations in North America, and one of the Lone Star . Officials with King Ranch Inc. announced today that the breakfast, a longstanding tradition in South, King Ranch Corporate Offices 2, 2021, For Immediate Release King Ranch Inc. announced Friday that the 30th Annual Ranch Hand Breakfast will be held on November 20, 2021. Tio graduated from Texas Military Institute in 1964. Stan Kroenke Buys Massive Texas Ranch Listed For $725 Million - Forbes . All rights reserved. DeJuana Bivins Its been a journey of a lifetime, Underbrink said. Dick Kleberg died in 1955. Tio and his wife Janell have 3 children, 6 grandchildren and reside at the King Ranch in Kingsville, Texas. Tio Kleberg King Ranch Board of Directors. Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. When King died in 1885, he left his entire estate to his wife, Henrietta. Board of Directors data for 2020 *with the ability to download the data for 2019 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. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. TALL TIMBER RANCH - GuideStar Profile