David G. Beall
President, Innovative Ventures Corporation


David G. Beall is president of Innovative Ventures Corporation (IVC), a not-for-profit, wholly owned subsidiary of Lockheed Martin Corporation with the mission to help facilitate the start-up of companies bringing commercially viable technologies from the Department of Energy Oak Ridge facilities to the marketplace.

Beall has 34 years of experience encompassing all aspects of business operations and management, including specific expertise in the areas of financial management and planning; analyzing, organizing, and implementing business functions; controlling and negotiating contracts; outlining and effecting offsets; human resource management; and marketing and business development.

Prior to his current position, Beall served as director of business operations for Martin Marietta Corporation. In this capacity, he established the first wholly owned foreign subsidiary of Martin, Martin Marietta Canada, Ltd. (MMCL). He was named president of MMCL in 1994.

Beall also acted as a consultant with Beall & Associates, Ltd., specializing in day-to-day operations of small businesses, start-up businesses, and business turnarounds. Before that he was a business manager for classified military space programs for General Electric Company and was subsequently loaned to NASA on the Viking Program connected with scientific exploration of Mars.

Beall and his wife, Ann, live in Oak Ridge. They have two adult children. His local community interests include the Rotary Club, Oak Ridge Chamber of Commerce, United Way Campaign, Easter Seals Campaign, Boy Scouts of America, and Leadership Oak Ridge.


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Debbie Boone
P.O. Box 117
Oak Ridge, TN 37831-0117
(423) 576-3776/FAX (423) 576-3643
E-mail: booned@orau.gov