Mr. Sharad Tak has had an illustrious and distinguished career as an entrepreneur and technologist having founded and steered several companies to leadership positions in their respective industries, and provided extraordinary value and returns to investors, shareholders, employees, and the communities served by his ventures. Over the years, Sharad Tak has developed numerous commercial real estate properties, including, two luxury hotel-resort properties in Bermuda.
He obtained his formal undergraduate training in India where he received a degree in Electrical Engineering from the Indian Institute of Technology, Mumbai. He holds a Master of Computer Science degree from the State University of New York at Buffalo (SUNY).Sharad formed ST Group to consolidate his diverse business interests in the United States and abroad in infrastructures development (including power plant, refinery, and petroleum exploration activities), information technology, communications, business services, and commercial real estate.
After spending several years as a Senior Computer Engineer with Computer Sciences Corporation, Sharad Tak embarked upon a career as an entrepreneur by establishing a professional services company, Systems and Applied Sciences Corporation (SASC), later renamed ST Systems Corporation (STX). STX provided programming and systems integration services to U.S. government agencies including NASA and FAA. STX reached approximately $70 million in annual sales by 1991 when Mr. Tak sold the company to Hughes Aircraft. Mr. Tak is actively involved in a variety of entrepreneurial ventures in the U.S., India, and other locations around the world through the ST Group of companies.