John E. Mack III is the chief executive officer and co-founder of U.S. Business Exchange, based in Santa Monica, Calif. USBX offers a mergers-and-acquisitions advisory service, resource center and listing exchange, which acts as a confidential marketplace for buying and selling businesses.
Mack, 41, created USBX in conjunction with a leading Internet-company incubator, eCompanies LLC, also of Santa Monica.
Prior to joining USBX, Mack served as CEO and director of Protection One Inc., the second-largest provider of life-safety and property-monitoring services in the United States. Mack previously held positions of chief financial officer and executive vice president of business development at Protection One.
As a founder of Protection One — which was purchased from PacifiCorp, a Portland-based electric utility, in a 1991 leveraged buyout — Mack helped oversee its growth from about 40,000 subscribers and $10 million in revenue to more than 1.6 million subscribers and more than $600 million in revenue. During his tenure, Protection One completed more than 200 acquisitions and developed a nationwide dealer program and other innovative business-development efforts.
The company now has more than 4,500 employees worldwide, an enterprise value of approximately $1.5 billion, and is publicly traded on the New York Stock Exchange.
Before joining Protection One, Mack was a senior executive officer with Westec Security Inc., as well as a partner in various security and solar-energy businesses.
Mack earned his undergraduate degree from Stanford University in 1981 and a master's degree in business administration from UCLA in 1991.
The Web site for USBX is www.usbx.com.