Al Pacino | Al Pacino Poster

LOS ANGELES -- Legendary actor Al Pacino will get to say hello to a new little friend in June: an American Film Institute Lifetime Achievement Award.

The organization announced Friday that it will honor Pacino with its 35th annual honor.

"Al Pacino is an icon of American film. He has created some of the great characters in the movies--from Michael Corleone to Tony Montana to Roy Cohn," AFI chairman Sir Howard Stringer said in a statement. "His career inspires audiences and artists alike, with each new performance a master class for a generation of actors to follow. AFI is proud to present him with its 35th Life Achievement Award."

A two-time Tony winner and eight-time Oscar nominee, Pacino won an Academy Award in 1992 for his role in "Scent of a Woman."

Pacino, 66, starred as Corleone in "The Godfather" trilogy, and in such classics as "Dog Day Afternoon," "Serpico" and "Scarface."

Past recipients of the AFI honor include Martin Scorsese, Steven Spielberg and Elizabeth Taylor.

Recent recipients include Meryl Streep, Harrison Ford and George Lucas. Last year AFI honored Sean Connery.

The AFI celebration honoring Pacino is slated for June 7 in Los Angeles