Company type | Private |
---|---|
Industry | Asset management company |
Founded | 1966 |
Founder | The Church of Jesus Christ of Latter-day Saints |
Headquarters | , |
Key people | Jeff Simpson (President) Sheri Dew (CCO) Kirby Brown (CFO) Gary B. Porter (Senior Vice President) Aaron Sherinian (Senior Vice President Global Reach) David Pearce (Senior Vice President and General Counsel) |
Owner | The Church of Jesus Christ of Latter-day Saints |
Divisions | Deseret Digital Media Deseret Media Companies KSL Broadcast Division |
Subsidiaries | Beneficial Financial Group Bonneville International Corp. Deseret News Deseret Book Hawaii Reserves Temple Square Hospitality |
Website | www |
Deseret Management Corporation (DMC) (/ˌdɛzəˈrɛt/ ⓘ)[1] is an American operating company, managing select global, for-profit entities affiliated with the Church of Jesus Christ of Latter-day Saints (LDS Church). It was established in 1966[2] by church president David O. McKay[3] to hold already-existing church media assets.[4] DMC companies provide content, services, and information through a diverse portfolio of companies, with the majority being media and communications brands.