CNN anchor Anderson Cooper will be honored at the 24th annual GLAAD Media Awards.

Cooper, 45, will receive the Gay & Lesbian Alliance Against Defamation's (GLAAD) Vito Russo Award in New York City on Saturday, March 16.

The award honors an openly LGBT media professional who has made a significant difference promoting gay rights.

Cooper came out gay early last year after ducking rumors for years.

“By sharing his own experience as a gay man, Anderson has reminded millions of Americans that LGBT people are part of their everyday lives and an integral part of our cultural fabric,” said GLAAD President Herndon Graddick. “He continues to raise the bar and set a new standard for journalists everywhere, and I'm proud to call him a friend.”

Good Morning America anchors Lara Spencer, Josh Elliott and Sam Champion will co-host the ceremony, to be held at the New York Marriott Marquis.

Cooper, who is nominated in the Outstanding TV Journalism category, has won three previous GLAAD Media Awards for his reporting on LGBT issues.