Cast member Charlize Theron from the movie "Sleepwalking" poses during the 2008 Sundance Film Festival in Park City, Utah January 23, 2008. [Agencies]

Academy Award winners Charlize Theron and Christopher Walken will add another trophy to their collection — a Hasty Pudding award.

The awards, announced Thursday, are given each year to performers who have made a "lasting and impressive contribution to the world of entertainment" by Hasty Pudding Theatricals at Harvard University, the nation's oldest undergraduate drama troupe.

Theron will be honored Feb. 7 with the traditional Woman of the Year parade and roast, and Walken will be similarly celebrated as Man of the Year during a tribute Feb. 15.

Theron, 32, won the best actress Oscar for her performance as a serial killer in 2003's "Monster." She was nominated again for 2005's "North Country" and has appeared most recently in "In the Valley of Elah."

Walken, 64, won a best supporting actor Oscar for his performance as a troubled Vietnam vet in 1978's "The Deer Hunter." He was nominated again for 2002's "Catch Me If You Can" and was featured in the 2007 films "Hairspray" and "Balls of Fury."

Last year's recipients were Ben Stiller and Scarlett Johansson.

In a spoof of the awards, Paris Hilton was named Harvard Lampoon's "Hastiest Pudding of the Lampoon Award." The 26-year-old actress-socialite be on campus Feb. 6 to pick up the honors.