Peter Lewis Kingston "Pete" Wentz III is an American musician best known for being the bassist, primary lyricist and backing vocalist for the American rock band Fall Out Boy. Before Fall Out Boy's inception in 2001, Wentz was a fixture of the Chicago hardcore scene and was notably the lead vocalist lyricist for Arma Angelus. During Fall Out Boy's temporary hiatus in 2009–12, Wentz formed the experimental, electropop and dubstep group Black Cards. He owns a record label, Decaydance Records, which has signed bands such as Panic! at the Disco and Gym Class Heroes. Fall Out Boy returned in February 2013.