The road is between Brookwood Drive and Blue Ridge Drive.
The proposal to rename the road was approved at the August 22 Ashwaubenon Village Board meeting.
Wolf is a Pro Football and Packers Hall of Famer. He served as the executive vice president and general manager for the Packers from 1991-2001, helping to acquire some of the biggest names in Packers history including Brett Favre and Reggie White.
Under Wolf, the Packers had the second-best regular season record in the NFL.