AUSTIN, TX -- National Instruments today announced Alex Davern will become its next chief executive officer and president, effective Jan. 1, 2017.

Davern will succeed Dr. James Truchard, who has served as CEO of NI since the company’s founding in 1976. Dr. Truchard will remain chairman.

This transition is being undertaken as part of the company's succession planning process.

“It has always been my goal for NI to be a company built to last,” said Dr. Truchard. “Over the last decade, in the face of a weak industrial economy I have focused my efforts on helping to ensure that we were making the long-term strategic investments necessary to set NI up for future growth. I believe these major platform investments, in key areas like PXI modular instrumentation, RF measurements, CompactRIO, and our entire software platform, will continue providing NI with disruptive platform capabilities needed to expand our long-term market opportunity. Given our significant progress, much of which was showcased at NIWeek earlier this month, I believe NI is well-positioned for the coming decade.”

Register now for PCB West, the Silicon Valley's largest trade show for the printed circuit industry, taking place Sept. 13-15 in Santa Clara:

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