William D. Rutherford (born January 14, 1939) is an American Republican politician who served as Oregon State Treasurer from 1984 until 1987.

He attended the University of Oregon and Harvard Law School, and joined the United States Army, serving for two years, where he became a first lieutenant.

Rutherford initially practiced law in Portland, but moved back to McMinnville, where he served as president of the local chamber of commerce.

[2] Rutherford was appointed State Treasurer by Governor Victor Atiyeh in order to fill a vacancy caused by the resignation of H. Clay Myers, Jr. in 1984, subsequently winning election to the office.

[4][5] While living in New York City, Rutherford met Karen Klok Anderegg (1940–2010), a business executive.