As Chief Financial Officer at National Instruments (NI), Karen Rapp is responsible for driving operational excellence to implement longterm business strategies and ensuring success within the globalnce and information-technology organizations.
Rapp has over 25 years of experience in the technology industry. Most recently as senior vice president of Corporate Development at NXP Semiconductor, where she led the integration efforts for the NXP/Freescale merger and the divestiture of the Standard Products business.
Prior to her role at NXP, Rapp served as the vice president and chief information officer at Freescale Semiconductor. She was responsible for worldwide IT strategy, development and infrastructure, with a focus on business outcomes and efficient and effective business processes. In her time at Freescale, she was instrumental in leading the balance sheet separation from Motorola for the initial IPO and creating the new Freescale fiduciary processes, aligning sales coverage with growth opportunities in emerging markets such as China, and delivering cost savings through operational transformations. In addition, she led a team to create a new product introduction prioritization process to impact revenue growth and helped design a low-cost engineering strategy to optimize R&D costs.
Rapp held a variety of positions while at Motorola/Freescale in the business units, corporate accounting, the supply chain, sales and marketing. She has shown success in fostering new ways of thinking to drive customer value, including the establishment of processes, systems and cultures that reduce business risk and improve customer experiences.
She served as President of the board of directors for the NXP Foundation, a non-profit organization supporting STEM educational programs, and is a member of the Business Alliance Council for the National Alliance for Partnerships in Equity (NAPE). Rapp is a Certified Treasury Professional and she earned her bachelor’s degree in finance from Northern Illinois University and her master’s degree from The University of Texas at Austin.