William Jennings Wallace (August 6, 1895 – July 7, 1977) was a highly decorated aviation officer of the United States Marine Corps with the rank of lieutenant general.

In March 1941, Wallace was transferred to Oahu, Hawaii, where he was appointed executive officer of the Marine Aircraft Group 21 based at Ewa Field under the command of Colonel Claude A. Larkin.

Wallace led MAG 23 during the Guadalcanal Campaign until 13 October 1942, when he was wounded by heavy-caliber naval shell during a Japanese bombardment of American positions.

He was subsequently appointed chief of staff of the Marine Fleet Air, West Coast based at San Diego, California, under the command of Brigadier General Lewie G.

At the end of May 1944, Wallace was transferred to Naval Station Pearl Harbor, where he was appointed Chief of staff of Aircraft, Fleet Marine Force, Pacific under the command of Major General Ross E. Rowell and later Francis P. Mulcahy.

Continuing his brilliant direction, Brigadier General Wallace coordinated and supervised his composite organization of operating fighter groups, night fighter squadrons and air warning squadrons in carrying out their devastating offensive to account for more than 500 Japanese aircraft and provide close air support for our advancing ground forces during the assault phases of our sustained advance to capture this vital hostile stronghold.

By his superb professional ability, sound judgment and cool courage under fire, Brigadier General Wallace contributed materially to the successful prosecution of the war and his valiant devotion to duty throughout reflects the highest credit upon himself, his command and the United States Naval Service.