DreamWorks Animation CEO Jeffrey Katzenberg will receive the American Cinematheque’s inaugural Sid Grauman award on October 30 at the Hyatt Regency Century Plaza, the org announced Thursday.

Under Katzenberg’s leadership, DreamWorks Animation has become the largest animation studio in the world, releasing 31 animated feature films, most recently “Home” and “Penguins of Madagascar.”

“Both Grauman and Katzenberg advanced the successful exhibition of motion pictures around the world: Sid Grauman with his movie palaces that included the Egyptian and Chinese theaters and Jeffrey Katzenberg with his dynamic leadership as a business and creative force at the top of several major iconic movie companies,” said American Cinematheque chairman Rick Nicita in a press release. “Jeffrey is a distinguished and deserving honoree to carry on the legacy of a film pioneer like Sid Grauman.”

The award is given in honor of Sid Grauman, who founded the Egyptian Theatre, which the American Cinematheque has owned and operated since 1998.

Reese Witherspoon will also be recognized with the mid-career achievement award at the same gala.