Deseret Management Corporation

60 E. South Temple, Ste. 575
Salt Lake City, UT 84111 (Map)
Phone: 801-538-0651
Fax: 801-538-0655
http://www.deseretmanagement.com

Hoover's coverage by Joe Bramhall

Overview

While the Church of Jesus Christ of Latter-day Saints handles the spiritual, Deseret Management takes care of the worldly. The holding company oversees a portfolio of for-profit ventures for the Mormon Church, including Bonneville International Corporation (radio and TV stations), Deseret Book Company (inspirational publishing), and Salt Lake City's Deseret Morning News newspaper. Its holdings also include life insurance and financial services provider Beneficial Life Insurance and contract foodservices and corporate catering provider Temple Square Hospitality. Deseret Management also has real estate holdings through other subsidiaries. The Mormon Church formed the holding company in 1966.

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Key Numbers from Hoover's UK

Key financials for Deseret Management Corporation

Company Type Holding Company
Fiscal Year-End December
2007 Sales (mil.) £600.8 (est.)
1-Year Sales Growth 350.5% (est.)
2007 Employees 4,000
1-Year Employee Growth 14.5%
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Key People from Hoover's UK

Key people and executives for Deseret Management Corporation

President and CEO Mark H. Willes
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VP and Controller Dale G. Bailey
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CIO Stephen J. Tolman
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Top Competitors from Hoover's UK

Top competitors of Deseret Management Corporation

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Significant Developments

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of Deseret Management Corporation

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