Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. 210.861.4765. benespy@icloud.com. Tio and his wife Janell have 3 children, 6 grandchildren and reside at the King Ranch in Kingsville, Texas. King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. Our alumni are progressive leaders and exceptional managers at some of the most diverse ranches in the country. 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). Board of Directors - 2022. 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. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. King split his time between his two businesses, steamboating and ranching, during this period. 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. 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. Type of Private Board: Fiduciary Jamey Clement is a Retired Chairman of the Board of King Ranch, Inc., where he has also served as vice president and treasurer. Benjamin Espy, DVM, DACT. (Some members of management team are also on committees.). 10 years.. These transplanted villagers went to work on the ranch. Please feel free to suggest King split his time between his two businesses, steamboating and ranching, during this period. Responsible for overall supervision and control of all functions of Valor Ranch. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. Bob Kleberg, the driving force behind the program, also became interested in thoroughbred racing horses. a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. As we move ahead, we will King Ranch, Inc., is a privately-held agricultural production and resource management company established in 1853. Approximate Annual Company Revenues: Under $100 million Kingsville, Texas, United States. The exact . King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. Board of Directors data for 2020 *with the ability to download the data for 2019 The family started an advisory board in 2012 and changed to a fiduciary board in 2015. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. Tio Kleberg continued to run the ranch's day-to-day operations. Yarborough to take control of King Ranch's oil and gas business. Official Website: . All rights reserved. pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. King Ranch Board of Directors to Begin CEO Search, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. The century-old King Ranch sits just outside of Cheyenne. Services. PHILADELPHIA--(BUSINESS WIRE)--Seven private company boards were honored for their business governance excellence at the 2021 Private Company Governance Summit June 9-11, live online. The GO debt and the O&M is . Black Angus Beef Cattle, Feeder Calves and Replacement Heifers. The event was postponed in 2020 due to the COVID-19 pandemic. Expansion and Innovation in the 1940s-50s. The chair (family) and CEO (currently non-family) roles are split and have been for many years. 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. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. including cotton, milo, sugar cane, almonds and pistachios and various vegetables. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kinenos, went into the retail clothing and luggage business. As the 1990s opened, King Ranch faced a number of questions. 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.. In 1988, seeing a need to diversify, the family hired Darwin E . Hodgen, 45, brings nearly 25 years of executive leadership and, KINGSVILLE, July. One by one, the problems of running a growing ranch were addressed. 2023 Texas & Southwestern Cattle Raisers Association; All Rights Reserved. We accept mature and experienced students with ranch management experience, and teach them . Over the course of over 160 years, King Ranch led some of the first cattle drives, developed the Santa Gertrudis and Santa Cruz breeds of cattle, bred the finest Quarter Horses, and produced champion Thoroughbredsall under its iconic Running W brand. 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. Company Ownership: Family-owned King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. Two weeks ago two other . Private Independent Foundations (T22) Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. Beef was not the only thing King Ranch was able to breed successfully. When King died in 1885, he left his entire estate to his wife, Henrietta. They join other board members Michael W. Gibson, Warren H. Haruki, Robert L. Hind III, Timothy E. Johns, David H. McCoy (Board chairman), Brendan G. Moynahan, Randolph G. Moore, Herbert M. (Monty) Richards Jr., and Arthur C. Tokin. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. We see them around but we don't know what goes on behind the scenes. To get the company back in the black, Kleberg turned to petroleum. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. 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. 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. Alexander will be PO Box 1418. He is a trustee of the Caesar Kleberg Foundation for Wildlife Conservation. Visit Site. 2, 2021, For Immediate Release King Ranch Inc. announced Friday that the 30th Annual Ranch Hand Breakfast will be held on November 20, 2021. Fiduciary board awards were broken down by company revenues and ownership type. Term: 2018 - 2020. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. A couple months later, Abraham Zaleznik, a King Ranch director since 1988, replaced the retiring Denman as chairman of the board. PO Box 1090. Three Riverway, Suite 1600 Approximate Annual Company Revenues: $100 million-$350 million Chairman: Kevin Borie. 1946. 310 East Wildwood. Land Resources Manager. In 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. 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. Ruling year info. 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. Governance highlights include: Commerce State Bank Board is a leader in local involvement, supporting the company in community philanthropy. Robert has brought to King Ranch. Clement Jr., is the chairman of the King Ranch board of directors. King also began to buy and sell cattle in huge numbers. As the company developed its Santa Gertrudis cattle, it also engaged in the King Ranch Quarter Horse program. In 1998, the company merged its Running W Citrus operations with Collier Enterprises to form Consolidated Citrus Limited Partnership. Only a 50,000-acre ranch in Brazil remains, run by Mr. Kleberg's son Chris, 28. One by one, the problems of running a growing ranch were addressed. 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. Mark and his wife Trudy and their family, proudly carry on the . 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. Between 1869 and 1884, more than 100,000 head of cattle from King Ranch made the trip. He was then appointed as Senior Vice President in March 2008 and was appointed as President/CEO, as well as a Director, in June 2010. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. Robert Kleberg died in 1932, signaling a complete generational shift in the ranch's management. King Ranch is the largest ranch in the United States. 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. 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. 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. 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. With the controversial lawsuit behind it, King Ranch went ahead with its anniversary festivities, which included a highly publicized cattle and horse charity auction. Annoying wild mustangs and donkeys were captured and shipped elsewhere. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. Angel was elected to the Sunnymead Ranch PCA Board of Directors in May 2022. Mrs. King, who outlived her husband by 40 years, made Kleberg the full-time manager of the ranch. Seven private company boards were honored for their business governance excellence at the 2021 Private Company Governance Summit on June 9, 2021. King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. HOUSTON, February 24, 2022, For Immediate Release King Ranch, Inc. announced the continued expansion of King Ranch Ag & Turf in East Texas, with new stores planned in Livingston and Huntsville. 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. NNDB has added thousands of bibliographies for people, organizations, schools, and general topics, listing Company Ownership: Closely Held In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. A copy of the . Angel has lived in Moreno Valley for 14 years, and spent two years at March Air Reserve Base (2003-2004). In the 1950s the company went international. learn how over 7,000 companies got started! Kingsville, TX 78364 | View on Google Maps. Jobs; . Ward 4 Board Member. Copyright 2023 King Ranch. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. Board has advised management on issues including strategic planning, risk management, organizational design to show employees they have a path for growth and development within the firm, which areas of growth to invest in, DEI, COVID pandemic response. Finally, in 1899, an artesian well was drilled. Specific information related to the desired use of the grant ii. King Ranch, Inc. (trading name, 2013-07-02 - ) Agent Name. are its most important asset. Kleberg married King's daughter Alice the following year. Smith's reign lasted only a year. After his departure, Roger Jarvis, who had been running the company's petroleum operations, was named president and CEO. January 14, 2021. James manages the ranch's horse operations and lives in a bungalow near . 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. The suit claimed that Kleberg deceived Chapman's widow, defrauding her out of control of the Rincon de Santa Gertrudis, a parcel of land equal to approximately 7,500 acres. Kingsville, TX 78364 United States. 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. 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. Cotton farming was another area into which the company plunged with a fair amount of success. Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. The board has helped this 126-year-old company stabilize the core business and diversify the revenue stream. In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. Another turnover in management took place in 1995. That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. He serves as a board member of the Texas State Historical . The work of the EPC consists primarily of formulating, organizing, and presenting a variety of continuing education programs for the AAEP. By the end of the 1860s, King Ranch longhorns were being sold in northern markets. 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. Main address. However, the City has no liability for the debt. The ranch covered more than 600,000 acres by this time. In 1976 Clement hired W.B. Liked by Terry King. 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. 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. The result was a new breed, which they dubbed "Santa Gertrudis." Committees do a lot of detail work, saving board meetings for more strategic topics. All initiatives must produce cash flow to maintain the infrastructure to serve the main purpose of keeping the community informed. 5-member advisory board is diverse and includes just one family member (Raj Gupta, the executive chair). He serves on the boards of King Ranch, Inc.; Chairman of the Management . 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. 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. King Ranch. 74-6044809. 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. 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,".