LOS ANGELES, CA - NOVEMBER 20: Television Host Anderson Cooper arrives at the 2010 CNN Heroes: An All-Star Tribute(Photo by Frazer Harrison/Getty Images) (Frazer Harrison/GETTY IMAGES)

Cooper is a long-time friend of CFDA President Diane von Furstenberg. In a statement, von Furstenberg said, “Anderson Cooper’s involvement in this year’s gala will lend yet another exciting dimension to fashion’s biggest awards.”

The designers and journalists set to be honored include Marc Jacobs, Céline creative director Phoebe Philo, InStyle’s Hal Rubenstein, and The Telegraph’s Hilary Alexander.

Nominees include Alexander Wang, Joseph Altuzarra, Jack McCollough & Lazaro Hernandez for Proenza Schouler, Mary-Kate and Ashley Olsen, Jason Wu, Phillip Lim, and Prabal Gurung.

Lady Gaga will be honored with Swarovski’s Fashion Icon Award and is confirmed to attend.