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Mormon News: All the News about Mormons, Mormonism and the LDS Church
Posted 02 May 2002   For week ended March 1, 2002
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Sheri Dew Promoted to Run Deseret Book
Sheri L. Dew, 48, Second Counselor in the General Relief Society Presidency of The Church of Jesus Christ of Latter-day Saints, has been named the new president and CEO of Deseret Book Company, replacing Ronald A. Millett, 54, who will serve as an LDS mission president starting in July. Dew becomes the first woman to head the company, which is owned by Deseret Management Corp., the for-profit holding company of the LDS Church.

MSI: AES Corp. Woes Push MSI Down Further
Doubts about the ability of giant international power company AES Corp. to sell $1 billion of assets to meet a liquidity crisis drove the company's stock down another 41% last week, dragging the Mormon Stock Index down also in a weak market. The index fell 2.74 (2.65%) for the week as giant computer manufacturer Dell Computer fell 7.2% and bio-technology firm Myriad Genetics dropped 17.9% for the week.

LA Times Looks at Deseret News' Woes, Salt Lake Newspaper Battle
A Los Angeles Times article, reprinted recently in the Salt Lake Tribune, looks at the difficulties faced by the Deseret News and the current battle between the newspaper and the Salt Lake Tribune. Times reporter Gorman suggests that the News is an anachronism, unabashedly embracing the values of its owner, the LDS Church.

Deseret Management's Rodney H. Brady Elected to Board at AmerisourceBergen Corp.
Rodney H. Brady, the President and CEO of Deseret Management Corp., which manages the LDS Church's for-profit businesses, was re-elected as a member of the board of AmerisourceBergen Corp.

Daw Technologies Replaces Mission President Founder
Nearly a year after its founder, Ronald W. Daw, left the firm to serve as an LDS mission president, Daw Technologies has hired BYU graduate James (Jim) C. Collings, 47, asthe company's new chief executive officer (CEO).

Bonneville Sponsors "Service to America Celebration" in June
Bonneville International, the broadcasting and video producer owned by the LDS Church, will co-sponsor the "Service to America Celebration" on June 10th along with the National Association of Broadcasters Education Foundation.


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