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                                    Who is the founder of UNH?
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                                        7/31/2025 03:33pm
                                    </span></div></div></div> <div class="seo-text-answer" data-v-91e9c5c4="">The founder of UnitedHealth Group (UNH) is Richard Burke. He launched the company that became UNH and served as its CEO through 1987. 


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He launched the company that became UNH and served as its CEO through 1987. \n\n\n","user_input",4,"UnitedHealth Group founder to retire from the board after ...","Business Richard Burke launched the company that became UnitedHealth Group and was CEO through 1987. The health care giant is now America's fifth-largest public company. By Christopher Snowbeck April 26, 2022 at 3:47PM Richard Burke in a 1987 file photo. (UnitedHealth\u002FThe Minnesota Star Tribune) Comment Gift Share Listen The founder of the company that became UnitedHealth Group is retiring from the health insurer's board of directors, He's scheduled to retire as of UnitedHealth's annual meeting on June 6. \"As a founder and long-time leader of UnitedHealth Group, Richard Burke has had an unmatched and positive impact on our company and American health care,\" Stephen Hemsley, the chairman of the UnitedHealth Group board of directors, said in a statement. \"We are deeply grateful to Mr. Burke and Dr. Wilensky for their leadership,\" the company said Friday in a proxy statement filed with shareholders. \"We benefited greatly from their insights, experience, and guidance. UnitedHealth Group is arguably the most prominent legacy of Minnesota's leading role in the development of HMOs. It was a new approach to health insurance nurtured during the 1960s and '70s by Dr. Paul Ellwood at a Twin Cities think tank called InterStudy. His company incorporated as the for-profit United HealthCare in 1977 and quickly grew by managing and acquiring regional HMOs across the country. When Burke announced he would step down as United's CEO, he agreed to sell almost half his stock to the New York investment firm Warburg, Pincus Capital Co., which helped orchestrate a financial turnaround at United. Burke remained on the board at the company, which took the name UnitedHealth Group in 1998. By that point, the business had expanded beyond HMO coverage to other types of health insurance and included a division for health care services that's now known as Optum. In November, UnitedHealth Group named to the board Paul Garcia, the retired chairman and chief executive of a publicly traded company tha...","https:\u002F\u002Fwww.startribune.com\u002Funitedhealth-group-founder-to-retire-from-the-board-after-more-than-40-years\u002F600168065","2022-04-26","oeqxkhszf","oeqxkhszf_layer","base","web","agent_common_v2\nagent-summary","20003020175394721246600000000269","NONE","da91c65695b68dc2039ae706cf193929","stock","169",999,"The founder of UnitedHealth Group (UNH) is Richard Burke. He launched the company that became UNH and served as its CEO through 1987[^4]","\n``` visual\n{\"uuid\":\"c814d59c-229a-491f-b42f-f6656db81658\"}\n```","\u002F"));</script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/195837b.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/e402278.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/7c15041.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/69a864a.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/9579193.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/6726d3c.js" defer=""></script><script src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/c69ce63.js" defer=""></script>