Type Private | Founder David O. McKay | |
Industry Asset management company Key people Keith B. McMullin (CEO/President) Divisions Deseret Digital Media
Deseret Media Companies
KSL Broadcast Division Website Deseret Management Corporation Founded 1966, Salt Lake City, Utah, United States Headquarters Salt Lake City, Utah, United States Subsidiaries Deseret Book, Bonneville International Parent organization The Church of Jesus Christ of Latter-day Saints |
Deseret management corporation names new ceo
The Deseret Management Corporation (DMC) (/dɛz.əˈrɛt./) is a management and holding company of for-profit businesses owned by 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 assets.
Contents
Subsidiaries
The following are DMC subsidiaries:
Divisions
Leadership
In April 2012, Keith B. McMullin was named to replace Mark Willes as CEO.
Relation to LDS Church
Deseret Management Corporation is the holding company which owns the tax-paying companies that fall under the umbrella of the LDS Church. DMC's Board of Directors is made up of the church's First Presidency, three rotating members of the Quorum of the Twelve, and the Presiding Bishopric.
References
Deseret Management Corporation Wikipedia(Text) CC BY-SA