Management Team

Michael Halloran – President and CEO
Michael directs the operations of Nationwide Exchange Services. He is a leading voice within the 1031 marketplace, advocating strict operating standards and guidelines for 1031 intermediaries. Under Michael’s leadership, NES instilled rigorous controls within exchange operations; the company is the only intermediary in the country to voluntarily subject itself to independent audit for compliance with operating standards including adherence to standards established for national banking institutions through the Office of the Comptroller of the Currency and the Bank Secrecy Act. Michael is a frequent speaker at events throughout the commercial real estate, equipment leasing and banking industries, and in 2007 testified before the congressional House Committee on Small Business on behalf of the 1031 Intermediary industry.

Dan Yoder – Chief Operating Officer
Dan joined Nationwide Exchange Services with more than 30 years of broad operating experience including client engagements with a wide range of private and public companies such as IBM, HP, Nokia, Ericsson and Samsung to improve business processes and operational efficiencies. Most recently, Dan was the Chief Operating Officer of IC Media. At NES Dan focuses on the deployment and management of mission-critical exchange infrastructure, corporate operations and compliance management. Dan holds a BSEE from the University of Santa Clara.

Stephen N. Gray – Chief Financial Officer
Stephen has more than 20 years of experience in accounting, operations and finance for equipment lessors, transportation and financial-based companies, both private and public. He was most recently CFO at Seacastle Inc. where he recapitalized the company, instituted consistent monthly close and management reporting processes, and established “best practices” in financial disciplines and systems to support double-digit growth. He has also held CFO positions at Resun Corporation, Mellon US Leasing and Boeing Capital. In addition to establishing internal systems, Stephen is well versed in Sarbanes-Oxley compliance regulations and has been Series 7 and 63 General Securities NYSE/NASD registered. He received an MBA in finance and accounting from Amos Tuck School of Business Administration at Dartmouth College and a BA in economics from Stanford University.

Kelly Alton – Senior Vice President, General Counsel
Kelly is responsible for providing legal oversight, tax guidance and consultative services.

Kelly has more than 25 years of experience in federal taxation. Prior to joining NES, she was a Senior Manager in the Washington National Tax office of Deloitte Tax LLP for over five years, where she specialized in all aspects of like-kind exchanges. Prior to Deloitte, she held various management positions in the National Office of the IRS Office of Chief Counsel in Washington, DC. In this role, she wrote rulings and regulations of national application, as well as taxpayer-specific guidance, with a particular emphasis on like-kind exchange issues. Additionally, Kelly was a principal author of Rev. Proc. 2000-37 (safe harbor parking arrangements/reverse like-kind exchanges) and participated in the development of the IRS position on the qualification of tenancy-in-common interests under Section 1031. She was engaged in private tax practice for nine years in Chicago and New York City before joining the IRS.

Kelly holds a BA in mathematics from Boston University and a JD from Harvard Law School. She is admitted to the California Bar, Illinois Bar and Tax Court, and is a member of the American Bar Association Tax Section and chair of the Section 1031 subcommittee of the ABA Sales, Exchanges and Basis committee.