Hollywood Film Awards to Honor Career of 'Arbitrage' Star Richard Gere (Exclusive)

Richard Gere Arbitrage - H 2012

The Hollywood Reporter has learned that Richard Gere, the popular and respected veteran film actor who is now a serious best actor Oscar contender for his performance in Nicholas Jarecki's dramatic-thriller Arbitrage, will receive the Hollywood Career Achievement Award at the 16th annual Hollywood Film Awards -- the first awards show of the 2012 Oscar season -- when its gala ceremony is held Oct. 22 at the Beverly Hilton.

The Hollywood Film Awards, which are associated with the Hollywood Film Festival and determined by HFF founder and executive director Carlos de Abreu and his advisory team, recognize individuals for both career achievement and work released within the calendar year. De Abreu tells THR, "It is a privilege to honor and to celebrate Richard Gere's extraordinary talent and remarkable career."

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Previous recipients of the Hollywood Career Achievement Award include Kirk Douglas (1997), Shelley Winters (1998), Jack Lemmon (1999), Richard Dreyfuss (2000), John Travolta (2004), Diane Keaton (2005), Robin Williams (2006), Dustin Hoffman (2008), Sylvester Stallone (2010) and Glenn Close (2011).

Considering how many modern-day classics Gere has been a part of -- among them Richard Brooks's Looking for Mr. Goodbar (1977), Terrence Malick's Days of Heaven (1978), Taylor Hackford's An Officer and a Gentleman (1982), Garry Marshall's Pretty Woman (1990), Gregory Hoblit's Primal Fear (1996), Adrian Lyne's Unfaithful (2002), Rob Marshall's best picture Oscar winner Chicago (2002), and Lasse Hallström's The Hoax (2006) -- it is somewhat surprising that he has never even been nominated for an Oscar. That might well change this year thanks to his work in Arbitrage, for which he has earned some of the best reviews of his career.

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THR recently revealed the identities of several other films and people who will be honored at this year's Hollywood Film Awards, including the recipients of the Hollywood Ensemble Acting Award, Hollywood Director Award, Hollywood Actor Award, Hollywood Actress Award, Hollywood Supporting Actor Award, Hollywood Supporting Actress Award, Hollywood Producer Award, Hollywood Screenwriter Award, Hollywood Animation Award, Hollywood Comedy Award, New Hollywood Award, Hollywood Breakout Performance Award, Hollywood Cinematographer Award, Hollywood Editor Award, Hollywood Production Designer Award and Hollywood Visual Effects Award.

In the past nine years, Hollywood Film Awards honorees went on to garner a total of 85 Oscar nominations and 32 Oscars.