Mr. Somoza is currently Co-CEO and Co-Founder of QMC Telecom, LLC, a wireless infrastructure provider. Prior to that he was the CEO and Co-founder of VIU Media until the sale of the company to Lamar Advertising (NASDAQ:LAMR) in 2006. At the time of the sale, VIU Media was Puerto Rico's largest locally owned outdoor advertising company.
Prior to becoming CEO of VIU Media, Mr. Somoza was the CEO and Co-founder of Quest Management Corporation, a private equity investment company formed to identify, acquire, and later operate a desirable going concern in Puerto Rico. Previously, Mr. Somoza worked at the Chase Manhattan Bank and at CS First Boston where he was actively involved in structuring over $1.2 billion in lead managed bond and asset backed financings for both government and private issuers in varied industries. Throughout the years he has also been directly involved in the development of several successful residential and tourism real estate projects, including the Rincon Beach Resort, a 120-room beach front hotel on the west coast of Puerto Rico. From August 2006 to February 2007, Mr. Somoza was Senior Executive Vice President at Westernbank PR. Along with his business partner, Mr. Somoza is the recipient of the 2004 E&Y Entrepreneur of the Year Award for Puerto Rico. He currently sits on the Board of Directors of EM Assist, LLC.
Mr. Somoza holds a B.A., magna cum laude, in Economics and Political Science from Yale University and an MBA from Stanford's Graduate School of Business.