David Waal was appointed CEO for 1031 Exchange Options, a resource for investors looking to utilize a 1031 exchange to convert investment property holdings into a "tenancy-in-common" investment. Waal will oversee the company's long-range corporate planning and strategy. He has more than 23 years of management and sales experience working as a business consultant specializing in corporate strategic planning and management development. Additionally, Waal founded Mucho.com, a B2B Internet company and co-founded Gateway Group Inc., a systems engineering consulting company. Cary Losson, founder and president of 1031 Exchange Options commented, "David has top-notch credentials working with Fortune 100 companies and will be a tremendous asset in building momentum for the company's strategic vision."