Tao has served as Chief Executive Officer, Supernova Companies, LLC and Supernova Lending, LLC since October 2018. Under Tao’s leadership, the company has grown to over 100 global team members and offers the industry’s leading cloud-based, fully digital, end-to-end securities-based lending solution. Supernova partners with the industry’s largest banks, prominent insurance companies, and leading online brokerages to democratize access to securities-based lending and better the entire financial ecosystem. The company was named one of Built In Chicago’s Best Places to Work for 2021 and joined the Inc. 5000 List in 2020 as one of the fastest-growing private companies in America.
Tao was formerly Chief Operating Officer and Chief Technology Officer of Morningstar, Inc., and was one of the company’s first 20 employees. While Tao was COO, Morningstar’s revenue grew from $70 million in 2000 to $550 million in 2010. Before he was COO, Tao spent three years as President of Morningstar’s International Division; he and his team launched operations in 18 different countries through startups, joint ventures, and acquisitions.
Tao also sits on the board of Armstrong World Industries as well as several other private companies.
Tao holds an MBA from the University of Chicago Booth School of Business, a Master’s degree in Computer Science from Marquette University, and a BS in Computer Science from Hunan University (China).