Viktor recently retired as the 2nd ranking executive at PPG Industries, which grew to revenues of over $14 billion in 70 countries during his tenure. As an Acquisitions-oriented operator, Mr. Sekmakas executed PPG’s long-term strategic transformation into a specialty materials company from a commodity chemicals business. He helped lead 10 M&A transactions from the C-suite, adding approximately $1.5 billion in net annualized revenues.
Viktor became a dynamic global leader for PPG. He played a key role in expanding the global businesses and operations; strengthening many important customer relationships; and developing new, more efficient and effective business processes. While responsible for PPG’s operating regions in Asia and Europe, Mr. Sekmakas provided company-leading EBIT returns along with above market growth rates over a 13 year period.
As Executive VP, Viktor had complete Profit/Loss authority over half of PPG- generating $6.5 billion revenues within 5 distinct operating units: Industrial, Packaging, Protective and Marine, Chemicals, and Fiberglass. Mr. Sekmakas led a $9 billion purchasing department that helped make PPG a “Best in Class” performer in terms of operating margins and ROIC.
Viktor spearheaded the efforts to maximize shareholder value in the divestitures of the glass and fiber glass businesses while championing the decision to enter the coatings services business.
Since leaving PPG in 2017, Viktor has become a Founding Partner of Star Step Capital, serves as Senior Advisor for Arsenal Capital Partners, and has been an active early stage investor / board member of multiple middle market companies.