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NYU will induct Broadway composer and lyricist Jerry Herman into its Musical Theater Hall of Fame on Wednesday.

Herman, who wrote the scores for “Holly, Dolly,” “Mame,” “La Cage Aux Folles,” “Milk and Honey” and “Mack & Mabel,” will be honored in a musical tribute performed by the university’s musical theater and performing arts students.

A medley of his work will be conducted by Herman colleague Don Pippin, with Broadway star Lee Roy Reams performing. During the ceremony, Herman will also sing a rendition of his renowned song “The Best of Times.”

NYU president Dr. L. Jay Oliva will co-host the event with Stan Martin, host of WQEW radio’s “Cabaret on the Record,” and Jennifer Goode (“Les Miserables”).

During the tribute, Oliva will present Millennial Awards in the Performing Arts to several up-and-coming musical theater composers: Jason Brown, composer and lyricist of “Parade”; Adam Guettel, composer of “Floyd Collins” and recipient of the Stephen Sondheim Award; Mike Reid and Sarah Schlesinger, who wrote “Different Fields” and “The Ballad of Little Joe”; and Michael John LaChiusa, composer and lyricist of “Marie Christine” and “The Wild Party.”

The NYU Musical Hall of Fame honors artists who have contributed to the musical theater profession. Previous inductees include George and Ira Gershwin, Oscar Hammerstein II and Richard Rodgers.