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Deseret Management Corporation
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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.
The following are DMC subsidiaries:
In November 2023, previous executive Jeff Simpson was selected to replace previous CEO and President, Keith B. McMullin.
DMC is the holding company which owns the tax-paying companies that fall under the umbrella of the LDS Church. DMC's Board of Directors may include the Church's First Presidency, rotating members of the Quorum of the Twelve, and the Presiding Bishopric.[citation needed]
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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.
The following are DMC subsidiaries:
In November 2023, previous executive Jeff Simpson was selected to replace previous CEO and President, Keith B. McMullin.
DMC is the holding company which owns the tax-paying companies that fall under the umbrella of the LDS Church. DMC's Board of Directors may include the Church's First Presidency, rotating members of the Quorum of the Twelve, and the Presiding Bishopric.[citation needed]