Founders of the organization sought to address the loss of historically significant ranch structures to time and the elements. Sheila is active in CattleWomen's groups at the local, state . 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. 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 awards presented at the online 2021 Private Company Governance Summit on June 9, honor private company boards that best serve their stakeholders owners, shareholders, employees and community with best practices in their structure and performance. 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. 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. Smith's reign lasted only a year. 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. 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. Clement stated that Underbrink will remain President, CEO and a board member until a successor is announced. COMPANY. Principal Competitors: AzTx Cattle Company; Cactus Feeders Inc.; Lykes Bros. Inc. Dick Nord is a Builder/Developer, affiliated as a Real Estate Broker with Windermere Commercial Real Estate in Skagit County WA. During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. . The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kinenos, went into the retail clothing and luggage business. In the 1950s the company went international. King also began to buy and sell cattle in huge numbers. Stephen J. 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.. Company Chairman James H. Clement commented, King Ranch and its family owners recognize the leadership 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. 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. From its beginnings in the mid-nineteenth 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. King's Home Board of Directors. 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. 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. The result was a new breed, which they dubbed "Santa Gertrudis." 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. 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). 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. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Schmidt 5-member advisory board is diverse and includes just one family member (Raj Gupta, the executive chair). At some 825,000 acres (3,340 km2; 1,289 sq mi) it is larger than the state of Rhode Island and country of Luxembourg. Governance highlights include: King Ranch Three Riverway, Suite 1600 In 1976 Clement hired W.B. 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. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. Company Ownership: Employee-owned King and Kenedy also used their shipping enterprise to supply the Confederate army. Black Angus Beef Cattle, Feeder Calves and Replacement Heifers. 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. He will continue to serve as an advisor to the Company on various matters. Six-member board today: five independent directors plus CEO. 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 . In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. Three Riverway, Suite 1600 Between 1869 and 1884, over 100,000 head of cattle from King Ranch made the trip. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kiñ-os, went into the retail clothing and luggage business. From historic hunting trips to the Crown Jewel of the property, the "17-bedroom, 37,000-square-foot Mediterranean-style mansion, the land maintains its reputation by still running profitable ranch-like adventures, from cattle operations to citrus . The awards were created to recognize private companies that go above and beyond legal governance requirements and commit to the highest levels of governance, whether through fiduciary or advisory boards. (Houston, Texas) The King Ranch, Inc., Board of Directors today announced the search for a successor for the For Immediate Release. 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. Type of Private Board: Fiduciary (Some members of management team are also on committees.). 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 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. Submit a correction or make a comment about this profile. The company entered the new millennium preparing to celebrate its 150th anniversary in 2003. King split his time between his two businesses, steamboating and ranching, during this period. Copyright 2023 King Ranch. David Shaw, Publishing Director To ensure the most secure and best overall experience on our website, we recommend the latest versions of. This well, originating over 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. Underbrink has been The mission of the Kindness Ranch is to provide a sanctuary and place of rehabilitation for animals who have been used in laboratory research while fostering compassion for all animals. The ranch covered more than 600,000 acres by this time. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Annoying wild mustangs and donkeys were captured and shipped elsewhere. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. President, CEO and a member of the board for 10 years, and an employee for 36 . To learn more, visit www.privatecompanydirector.com. After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. 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. 210.861.4765. benespy@icloud.com. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the . "Tio" Kleberg is a member of the King Ranch Board of Directors and a member of the legendary King Ranch family. 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. Directors / Officers. Captain King started up his ranch in 1853 in an area known at the time as the Wild Horse Desert or the Nueces Strip, bounded by the Nueces River on the north and the Rio Grande on the south. 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. 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). They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. 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. Their descendants, who became known as kiñ-os (King's men), have formed the core of the King Ranch work force ever since. The family is in its 7th generation, and we believe the time is right to proceed with Board Certified Equine Reproduction. Board is a leader in local involvement, supporting the company in community philanthropy. The Board of Directors of King Ranch, Inc. appointed Mr. Underbrink as Vice President of Farming Operations in June 1998. We are in the resource-management business. With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. Modern game management and preservation systems were also set up. Crews were assigned to slow the encroachment of mesquite brush, which was quickly displacing the favorable "climax grasses."
