Peter Foyo is a seasoned senior executive and entrepreneur with extensive experience in international business. As an advisor at United Heritage, Peter leverages his vast expertise across various sectors, including real estate, healthcare, energy, and communications, to drive strategic investments and business growth.
Peter is the Founder and CEO of Principal Standard Group, where he has successfully developed and executed a wide range of projects. He also serves as an investor and board advisor to Cerberus Telecom Acquisition Corp., as well as an advisor to Cerberus Europe and several other prominent investment funds. Throughout his career, Peter has raised over $14 billion in funds for investments in the Telecommunications, Media, and Technology (TMT) sectors.
Peter's leadership in the telecommunications industry is notable for his 15 years as CEO and Chairman of Nextel de Mexico, where he oversaw the NII Holdings' Mexican mobile division. Under his leadership, the company grew to serve over 1 million premium customers and generated more than $3 billion in annual revenue. His strategic vision and execution led to an extraordinary increase in the company’s stock price, from $2.50 to $460 per share.
Peter holds a Bachelor of Arts in International Business and Economics from Benedictine University in Illinois. He is also a Captain in the U.S. Army Reserve and has served as a reserve U.S. Embassy Attaché.
With his advice, strategic insight, and broad international experience, Peter plays an important role in shaping the direction and success of United Heritage's investments.