Deseret Management Corporation

Deseret Management Corporation (DMC) (/ˌdɛzəˈrɛt/ ) 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 by church president David O. McKay to hold already-existing church media assets. DMC companies provide content, services, and information through a diverse portfolio of companies, with the majority being media and communications brands.

Deseret Management Corporation
Company typePrivate
IndustryAsset management company
Founded1966 (1966)
FounderThe Church of Jesus Christ of Latter-day Saints
Headquarters
Salt Lake City, Utah
,
USA
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)
OwnerThe Church of Jesus Christ of Latter-day Saints
DivisionsDeseret Digital Media
Deseret Media Companies
KSL Broadcast Division
SubsidiariesBeneficial Financial Group
Bonneville International Corp.
Deseret News
Deseret Book
Hawaii Reserves
Temple Square Hospitality
Websitewww.deseretmanagement.com
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