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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. The King Ranch itself 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. DeJuana Bivins 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. 26, 2014. King and Kenedy also used their shipping enterprise to supply the Confederate army. 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. The onset of the Depression, which caused beef prices to drop to the century's lowest levels, made matters even worse. PO Box 1418. To get the company back in the black, Kleberg turned to petroleum. 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,". Watch what Chance Muehlstein, King Ranch Institute for Ranch Management graduate student, has to share about his Parker Ranch internship this past summer. Underbrink has been (832) 681-5700. 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. King Ranch Board of Directors to Begin CEO Search. Hodgen, 45, brings nearly 25 years of executive leadership and, KINGSVILLE, July. We are in the resource-management business. Succession of family members on the board has been developed with age limits implemented for older board members and 10-year term limits implemented for new family board members. Governance highlights include: Daily Gazette of Schenectady King's Home Board of Directors. CEO Robert Hodgen. Fiduciary board awards were broken down by company revenues and ownership type. 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. Ella King born 1858-04-13 in Brownsville Ward 2, Cameron, Texas. 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. Prior to AMERRA, he served as senior vice president of J.D. 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. 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. This snub, combined with legal haggling over oil payments to family members, led to Shelton's departure from the company a few years later. King Ranch, Inc., is a privately-held agricultural production and resource management company established in 1853. 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. Is King Ranch a real ranch? As we move ahead, we will 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. From 1969 to 1971, he served as a Lieutenant in the U. S. Army . Schmidt Visit Site. 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. Smith's reign lasted only a year. 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. "Tio" Kleberg was born in Austin, Texas, to Richard M. Kleberg Jr. and Mary Lewis Scott Kleberg. President, CEO and a member of the board for 10 years, and an employee for 36 . (Houston, Texas) The King Ranch, Inc., Board of Directors today announced the search for a successor for the 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. Another turnover in management took place in 1995. 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. This well, originating more than 500 feet below ground, provided enough water to support all of the region's livestock and agriculture. In Australia, one of King's partners was Swift & Co., the biggest buyer of the ranch's U.S. beef output. In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. In 1867 King began using the Running W brand to mark his cattle. Four years later he became the first president of King Ranch Oil and Gas, Inc., a new wholly owned subsidiary formed to handle all of King Ranch's petroleum affairs. Before joining King Ranch, Hodgen spent six years as [] Hodgen holds a B.S. Dick Kleberg died in 1955. Finally, we can read about how these great companies came about with Company Histories.. Cowboys Working in the Laureles Division - King Ranch Saddle Shop. 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. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. 2, 2021, For Immediate Release King Ranch Inc. announced Friday that the 30th Annual Ranch Hand Breakfast will be held on November 20, 2021. It is mainly a cattle ranch, but also produced the Triple Crown winning . All rights reserved. In 1969, he received a B. S. in Animal Science at Texas Tech University. King and Kenedy also used their shipping enterprise to supply the Confederate army. Having been raised on a large-scale grain and cattle farm, the ag sector is what I know and love. King purchased the land and he and Lewis launched the livestock operation that would eventually grow into the King Ranch. In 1976 Clement hired W.B. The King Ranch Saddle Shop, once exclusively a supplier of cowboy gear for the kinenos, went into the retail clothing and luggage business. Avery Rush No Affiliation Jeff Mitchell No Affiliation Lilia Escajeda No Affiliation Jane King No Affiliation Mike King No Affiliation Shannon Stapp No Affiliation . 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. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. books that might be critical omissions. 78212-1756. From 1979 to 1988 he managed the South Texas Agricultural operations. 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. King Ranch began selling Santa Gertrudis bulls to other ranchers in the 1930s, and in 1940 the U.S. Department of Agriculture recognized Santa Gertrudis as the first ever American-produced beef breed. in the United States. Image credit: Chas S Middleton & Son. 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). King Ranch Corporate Offices Three Riverway, Suite 1600 Houston, TX 77056 (832) 681-5700 2020 BY KING'S HOME (FORMERLY THE KING'S RANCH AND HANNAH HOMES) 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. 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.. Cal Farley's is a nonprofit 501(c)(3) corporation organized under the laws of the State of Texas. James manages the ranch's horse operations and lives in a bungalow near . Texas and Southwestern Cattle Raisers Association, To Honor and Protect the Ranching Way of Life. 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). That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. Were excited, First Renewable Energy Development on King Ranch Noria Hondo 220MW Combined Solar and Battery Farm Project King Ranch is proud to be partnering with Talen Energy Corp. in the development of the first utility scale renewable energy project, Noria Hondo,, 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. 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.. In 1938 he bought Kentucky Derby winner Bold Venture as a foundation sire for the ranch's thoroughbred breeding program. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. All rights reserved. Jobs; . Type of Private Board: Fiduciary 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 Saddle Shop, once exclusively a supplier of cowboy gear for the kiñ-os, went into the retail clothing and luggage business. 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. Two weeks ago two other . including cotton, milo, sugar cane, almonds and pistachios and various vegetables. 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 . Hodgen also served on Amerra's board of . The Company operates various retail operations, including the famous King Ranch Saddle Shop, and has branding partnerships which include Ford Motor Co.. Board meetings include reviewing overdrafts and past-due loans. 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. The Board and the family owners are also very grateful to retiring CEO Robert J. Underbrink for his many years of dedicated leadership and service to the Company. Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. Tio Kleberg continued to run the ranch's day-to-day operations. 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. The publisher/president and his team send a written report one week before each meeting. Approximate Annual Company Revenues: Under $100 million Seven private company boards were honored for their business governance excellence at the 2021 Private Company Governance Summit on June 9, 2021. Founders of the organization sought to address the loss of historically significant ranch structures to time and the elements. 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. He serves as a board member of the Texas State Historical . Underbrink has been President, CEO and a member of the board for 10 years, and an employee for 36 years. By the end of the 1860s, King Ranch longhorns were being sold in northern markets. Dick Kleberg died in 1955. The Running W eventually became one of the most widely recognized marks in the history of the cattle industry. On a trip through the Wild Horse Desert, King noticed a promising piece of land along the Santa Gertrudis Creek. Kleberg married King's daughter Alice the following year. Board of Directors data for 2023 *with the ability to . Mark and his wife Trudy and their family, proudly carry on the . 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 is a corporation that is privately owned by around 60 people who are the descendants of Richard King. 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. 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. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Approximate Annual Company Revenues: Under $100 million Heiskell & Co., a 135 year-old family-owned company focused on livestock feed manufacturing, domestic and international grain trading and logistics as well as biofuels production. Specific information related to the desired use of the grant ii. Houston, TX 77056 Under Tio Kleberg's guidance, the company continued to update its cattle, horse, and farming operations. Immediate Past Chairman: Forrest DeBuys . in Animal Science from Oklahoma State University and an MBA in Finance from The Wharton School of the University of Pennsylvania. Tio Kleberg continued to run the ranch's day-to-day operations. Finally, in 1899, an artesian well was drilled. 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. Stephen J. Four years later he became the first president of King Ranch Oil and Gas, Inc., a new wholly owned subsidiary formed to handle all of King Ranch's petroleum affairs. King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. All transactions of the District are included in the City's financial statements. These innovations included mechanized brush control methods, the identification of new and better grasses, and the development of better corrals for working cattle. King Ranch is the largest ranch in the United States. Underbrink has been. During the horrible drought years of the 1890s, Kleberg experimented with various ways of getting water to the land. 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. No Affliation. When Mrs. King's estate was finally untangled, Kleberg's widow, Alice, and her children consolidated as much of the ranch as possible by purchasing the properties of other heirs. Company Ownership: Closely Held 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. Along the way, the ranch's selective breeding efforts intensified. The family started an advisory board in 2012 and changed to a fiduciary board in 2015. James H. Clement, Jr. 25. Mr. Clement is chairman of the Management Council of the King Ranch Institute for Ranch Management at Texas A&M University-Kingsville. In the 1950s the company went international. He quickly formed a partnership with another friend, Texas Ranger Captain Legs Lewis. Each independent board member serves on either the audit, governance and nominating, or management development and compensation committee. The board has professionalized its auditing and accounting systems and reports to the family with the sane integrity as a public company. They began crossbreeding Brahman bulls native to India with their own Shorthorn stock. Type of Private Board: Fiduciary Name Occupation Birth DeathKnown for; Ray L. Hunt: Business: 6-Apr-1943 : Chairman of Hunt Oil . 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. Jul 2020 - Present2 years 9 months. King Ranch, Inc. operates one of the largest and most famous cattle ranches in the world. Dr. Espy has a solid resume of experiences and service to the veterinary profession . During the Civil War, the ranch served as a depot for the export of southern cotton through Mexico, sidestepping the Union naval blockade. Copyright 2023 King Ranch. Finally, in 1899, an artesian well was drilled. Kleberg married King's daughter Alice the following year. In the September 25, 2001 agreement, appellant agreed and stipulated to extend the October 19, 2001 . Hodgen, 45, brings nearly 25 years of executive leadership and investment management experience in the agribusiness and food sectors to the role. Cotton farming was another area into which the company plunged with a fair amount of success. 825,000 acre ranch in Texas, founded 1853 by Richard King and Gideon K. Lewis. 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. 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. King Ranch Feedyard. Jeannie has been a board member of the Aspen Education Foundation since moving to Aspen six years ago. Type of Private Board: Advisory Tio retired from management after 35 years of service and was elected to the King Ranch Board of Directors in 1995 where he serves today. Company Ownership: Family-owned When Mrs. King's estate was finally untangled, Kleberg's widow, Alice, and her children consolidated as much of the ranch as possible by purchasing the properties of other heirs. 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 1884 a young lawyer named Robert Kleberg began handling the legal affairs of King Ranch. More and more emphasis was placed on applying modern business principles to these tradition-bound endeavors. King Ranch operates extensive turfgrass operations and is the majority owner of one of the largest citrus producers By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. 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. One by one, the problems of running a growing ranch were addressed. 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. From 1971 to 1978 he managed the King Ranch cattle, wildlife, farm and horse operations. The King Ranch Institute for Ranch Management teaches graduate students using a multi-disciplinary, systems approach to ranch management. That year, a King Ranch horse, Assault (a son of Bold Venture), won horse racing's Triple Crown. 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. pursue new opportunities in turfgrass, permanent nut crops, and branding joint ventures. The Board and the family owners are also very grateful to retiring CEO Robert J. Underbrink for his many years of dedicated leadership and service to the Company. Mr. Kleberg served on the King Ranch Board of Directors from 1974 to 1988. Its been a journey of a lifetime, Underbrink said. King Ranch, Inc. (trading name, 2013-07-02 - ) Agent Name. Email: dbivins@king-ranch.com, King Ranch Corporate Offices Beef was not the only thing King Ranch was able to breed successfully. By the early 1970s, King Ranch controlled about 11.5 million acres of land worldwide. The King Ranch Inc. board of directors announced Robert Hodgen will be the new president and chief executive officer of the company effective today. He began his career within the Animal Nutrition Division management team of Cargill Inc. King Ranch has a rich, world-renowned legacy. Committees including Nominating and Governance, Audit and Risk, Compensation and Talent, and Innovation. 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 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. 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. Copyright (c) 2022 Company-Histories.com. Houston, TX 77056 Its employees Kleberg built fences to divide the sprawling ranch into more manageable units. Although it is perhaps most famous for its agribusiness segment (cattle breeding; horse breeding; farming; citrus groves; commodity marketing and processing; commercial hunting leases), King Ranch also oversees retail operations including luggage and leather goods, farm equipment, commercial printing, and tourism. An independent Transition Committee of the board, consisting of the four independent directors, guided LDG through its transition from a 60% ESOP to a 100% ESOP in 2020 and selected the third CEO in the companys history. Angel has lived in Moreno Valley for 14 years, and spent two years at March Air Reserve Base (2003-2004). 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. The company represents a colorful part of Texas history. 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. 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. King Ranch Board of Directors to Begin CEO Search, King Ranch Institute for Ranch Management, Caesar Kleberg Wildlife Research Institute. 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. Tio and his wife Janell have 3 children, 6 grandchildren and reside at the King Ranch in Kingsville, Texas. Along the way, the city of Kingsville was incorporated, following the vision of Henrietta King. Leroy Denman, a longtime company affiliate, was elected chairman of the board in 1990. 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. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. Therefore, the trial court was tasked with the ministerial duty to grant relief in strict accordance with the parties' agreements. 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. current President and Chief Executive Officer, Robert J. Underbrink, 59, of Houston, Texas. St. James Press, 2004. 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. Director Waespi served on the Castro Valley Sanitary District Board of Directors from 1999 to 2011 and on the Hayward. In 1935 the Klebergs made King Ranch a corporation so that its future as a single entity would be more secure. Sheila is active in CattleWomen's groups at the local, state . PO Box 1090. He will continue to serve as an advisor to the Company on various matters. King Ranch Inc. recently announced the appointment of J. Luther King Jr., of Dallas, to the King Ranch Inc. Board of Directors. 10 years.. During the 1940s and 1950s, a number of innovations improved production and kept King Ranch at the cutting edge of the cattle industry. 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. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company, agent. A complete timeline of King Ranch's History from founding to present including key milestones and major events. Clement Jr., is the chairman of the King Ranch board of directors. The GO debt and the O&M is . Between 1869 and 1884, over 100,000 head of cattle from King Ranch made the trip. 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. Black Angus Beef Cattle, Feeder Calves and Replacement Heifers. Internet Explorer presents a security risk. Corporation Service Company d/b/a CSC-Lawyers Incorporating Service Company. It is mainly a cattle ranch, but also produced the Triple Crown winning . 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. Prior to AMERRA, he served as Senior Vice President of J.D. In 1867 King began using the Running W brand to mark his cattle. Modern game management and preservation systems were also set up. 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. During the first fifteen years of the twentieth century, King Ranch managed once again to thrive in the face of further droughts, wars with Mexican raiders, and Kleberg's failing health. 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. 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. In 1974 Bob Kleberg died after managing the company's operations for more than half a century. Kleberg serves on the King Ranch Board of Directors, and is past president of the American Quarter Horse Association. 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 result was a new breed, which they dubbed "Santa Gertrudis." That year, Jack Hunt, formerly the CEO of California's Tejon Ranch, was named president and CEO of King Ranch. 5-member advisory board is diverse and includes just one family member (Raj Gupta, the executive chair). 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.
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