Kennedy and Marshall cofounded Amblin Productions with Steven Spielberg in 1981, with a hand in numerous big hits such as the Back to the Future trilogy and the Jurassic Park films.
The collaborating partners also established the Kennedy/Marshall Company in 1991, producing Best Picture nominees such as The Sixth Sense, Seabiscuit and Munich.
According to Entertainment Weekly, the Academy’s board of directors recently made the decision to recognize the pair, which will be presented to them at the 10th annual Governor’s Awards on Nov. 18.
Kathleen Kennedy and Frank Marshall will be joining Hollywood influencers such as Walt Disney, Alfred Hitchcock and Francis Ford Coppola, who have also been awarded the honor in the Academy’s almost 100 years of recipients in the category.