In English, name Hereward means – Derived from Old English Hereweard, a compound of army (here) and protection (weard).from the Old English name Hereweard. The Anglo-Saxon hero Hereward the Wake led a revolt against William the Conqueror in the 11th century.. Name Hereward originated as an English name. Name Hereward is most often used as a boy name or male name.