The Security Industry Association (SIA) has named John E. Mack, III, as the 2024 recipient of the SIA Chair’s Award, an award presented annually and selected by SIA’s board of directors chair recognizing SIA members’ diligent efforts in furthering the association’s mission and commitment to its future. SIA will present Mack with the award at The Advance, SIA’s annual membership meeting, which will be held April 9 during ISC West.
John Mack is the executive vice president, co-head of investment banking and head of mergers and acquisitions at Imperial Capital. Based in the Los Angeles, Calif., office, Mack joined Imperial Capital in 2008 as part of the firm’s acquisition of certain assets of USBX Inc., an investment banking firm focused on mergers and acquisitions. He was the founder and CEO of USBX, and prior to USBX he served as the CEO and a member of the board of directors of Protection One Inc., then the nation’s second-largest provider of life safety and property monitoring services. Prior to assuming the role of CEO, he held the positions of chief financial officer, chief strategy officer and executive vice president of business development, where he was involved in over 200 acquisitions and oversaw the company’s growth from approximately 30,000 subscribers and $17 million in revenue to more than 1.6 million subscribers, $600 million in revenue and an enterprise value of over $2 billion. Before joining Protection One, Mack was a senior executive officer with Westec Security, Inc., and prior to Westec he was a senior executive officer with MCM Inc., dba FAFCO Solar of Northern California. He holds a B.A. from Stanford University and an MBA from the University of California at Los Angeles.
“It’s an honor to be selected as the 2024 SIA Chair’s Award honoree,” said Mack. “This award underscores the importance of collaboration, innovation and leadership in driving positive change within our industry. I am grateful for this recognition and remain committed to advancing excellence within the security industry.”
Mack has served two terms on the SIA board of directors and one term as treasurer on the Executive Committee. He has been a key leader on SIA’s Endowment Fund initiative, which was created in 2023 to serve as a long-term spending policy, derived from SIA investments, that helps to fund new, unbudgeted initiatives that provide value to SIA members, cover operating losses resulting from extraordinary events not anticipated in the budget and return unneeded funds back into SIA reserves to continue to build the endowment, and serves as chair of SIA’s Endowment Committee. He was recognized as SIA’s Sandy Jones Volunteer of the Year in 2016 and is a frequent speaker at SIA events, including the Securing New Ground conference.
“John Mack is a renowned security industry luminary who has made tremendous contributions to SIA and the industry through his leadership on SIA programs, committees and initiatives,” said James Rothstein, chair of the SIA board of directors. “John’s driving force on the Endowment Fund – including conceiving the idea of the fund, establishing governing processes and leading the committee in its first year to fund projects – has been extremely impactful, and he has been a dedicated supporter and advocate of SIA for many years, helping us to further the association’s mission and push the industry forward. We are proud to recognize him with the 2024 SIA Chair’s Award and look forward to honoring him and his accomplishments at The Advance.”
On March 11, John Mack will be one of the expert presenters on SIA’s webinar “Growth, Evolution and Finances: A Closer Look at Security Mergers and Investments.” This free webinar will examine the most significant recent financial developments among security firms — including security mergers and acquisitions, deb capital markets and market trends — and provide a glimpse at what 2024 might bring.
Learn more and register to attend here.
