T sao Ter-fung is the founder and chairman of Standard Foods Corporation, a leading Taiwanese food and beverage company. He began his career at Quaker Oats in the United States after earning a doctorate in food engineering from Colorado State University. He returned to Taiwan in 1981 to head Quaker's operations there. When Quaker decided to pull out of the Taiwanese market in 1986, Tsao seized the opportunity to acquire its local assets and established Standard Foods.

Under his leadership, Standard Foods became the exclusive licensee for Quaker products in Taiwan and successfully launched its own brands of health foods, cooking oils, and dairy products. The company is a dominant player in Taiwan's nutrition market. Tsao has passed the CEO role to his son, Arthur Tsao, but remains the chairman, overseeing the group's strategic direction and continued partnership with global food brands.