Walter Henry "Wally" Teninga (February 14, 1928 - September 24, 2018)[1] was an American football halfback and businessman.

He played for the University of Michigan's undefeated national championship teams in 1947 and 1948 and later became the vice chairman and chief financial officer of the Kmart Corporation.

A newspaper profile of Teninga in 1949 described his versatility as a backfield player:"He passes sufficiently well and Oosterbaan has no doubts of his ability to handle Michigan's multipronged offense.

When Teninga returned in '47, Fritz Crisler had his Magicians, Yerges, Bump Elliott, Bob Chappuis and Jack Weisenberger.

[3] After the 1949 season, Teninga played on the East All-Star team at the East-West Shrine Game in San Francisco.

[8] Teninga intercepted a pass thrown by the Western All-Stars' quarterback to help lead the East team to a 28–6 victory.

[2][3] Subsequently, he returned to the Detroit area while he was serving Director of Corporate Growth he enrolled as a candidate for an MBA degree in a 2-year evening program conducted by Michigan State University from which he graduated in 1971.

[citation needed] He was promoted in April 1972 to vice chairman and chief financial and development officer of S.S. Kresge Co. and Kmart.

[3][14][15] Teninga also served on the board of directors of SITE Centers, a real estate investment trust, from the time of its initial public offering in 1993 until his retirement in 1998.