Deseret Management Company Description
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 corporate hospitality and catering provider Temple Square Hospitality. Deseret Management also has real estate holdings through two other subsidiaries. The Mormon Church formed the holding company in 1966.
View the Comprehensive Company Description for Deseret Management
The Company Description provides a historical perspective of Deseret Management's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Deseret Management's evolution in the marketplace.
