Frederick William Russell, OC, K.St.J, CD, LL.D (September 10, 1923 - June 20, 2001) was a Canadian businessman and the ninth lieutenant governor of Newfoundland.

Born in St. John's, he studied at Dalhousie University and the Atlantic School for Advanced Business Administration.

He was a fighter pilot with the Royal Canadian Air Force during World War II in which he flew the de Havilland Mosquito.

He was a member of the Newfoundland Labour Relations Board for over 35 years.

He was a founding member of the Royal Canadian Air Cadets in St. John's.