Forward-Thinking Leadership.
The NES Financial management team is comprised of a seasoned group of professionals with a solid track record of leadership with leading-edge companies in the fields of technology, finance, law, consulting and public service.
Michael Halloran
President and CEO
Michael directs the operations of NES Financial, which includes operating subsidiary Nationwide Exchange Services (NES), the nation’s largest provider of 1031 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 and 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. In 2008, Michael led NES through the acquisition of JPMorgan Property Exchange (JPEX) from JPMorgan Chase to make NES the unquestioned market leader in all major commercial sectors of 1031 exchanges and the number one provider of LKE program exchanges to the Fortune 500. 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 Qualified Intermediary industry.
Dan Yoder
Chief Operating Officer
Dan brings to NES Financial over 30 years of broad operating experience including client engagements with a wide range of private and public companies such as IBM, HP, Nokia, Sony, Ericsson and Samsung to improve business process and operational efficiencies. Most recently, Dan was the Chief Operating Officer of IC Media. 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 over 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 a consistent monthly close and management reporting process and established “best practices” in financial disciplines and systems to support double-digit growth. He 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
Executive Vice President, General Counsel
Kelly is responsible for providing legal oversight, tax guidance and consultative services. She has over 25 years of experience in federal taxation. Prior to joining NES, Kelly 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 Revenue Procedure 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.
Reid Thomas
Executive Vice President Worldwide Sales and Marketing
Reid is responsible for global sales and marketing at NES Financial. He brings over 20 years of experience in sales and marketing at both private and public companies. He has held executive sales and marketing positions at other high growth silicon valley companies including Sylantro Systems an industry pioneer in Voice over IP, VINA Technologies where he significantly increased the company’s revenues and market share which lead to a successful IPO in 2000 and Octel Communications (acquired by Lucent Technologies). Most recently Reid served as SVP of Global Sales at Laszlo Systems, a global leader and pioneer in Rich Internet Applications. He holds a degree in Electrical Engineering from Queen’s University at Kingston, Ontario. He is named on one U.S. software patent and holds several honors in sales leadership.
Charles Krahling
Executive Vice President, Sales
Charles brings more than 25 years of sales management experience with high-technology companies to NESF. Prior to joining NESF Charles was VP Channels for Micro Focus – a $600M enterprise software company headquartered in Newbury, England. He managed world-wide channel relationships with such firms as Accenture, Computer Sciences Corporation, HP/EDS, IBM and others. Charles was a member of the IPO team that took Pyramid Technology Corporation public and a member of the management team that merged Opcom, Inc. with the public company VMX, Inc. and later Octel. Charles has a Bachelor of Arts from the University of Maryland and began his career as a marketing representative for IBM in Washington, D.C.