Deseret Management Corporation

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.

Deseret Management Corporation

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.