Karen Nystrom (born June 17, 1969) was a member of the 1998 Canadian National women's team that participated in ice hockey at the 1998 Winter Olympics.

Nystrom competed for the Scarborough Firefighters (1985 to 1991) and the Toronto Redwings.

During the 2000–01 NWHL season, Nystrom played with the Brampton Thunder and finished fourth in league scoring with 48 points.

[1] Karen Nystrom was also a soccer player who competed for Scarborough United.

[3] Prior to accepting the job, she had worked for over 10 years as a customer service manager for Nike Canada.