James Franco presents a video piece of their film "Milk" at the 15th annual Screen Actors Guild Awards in Los Angeles January 25, 2009. [Agencies]

CAMBRIDGE, Mass. – James Franco, who won recent acclaim for playing both a goofy pot dealer and Harvey Milk's lover, has been named Harvard's Hasty Pudding Man of the Year.

Franco will receive the award at a roast Feb. 13 by the Hasty Pudding — the nation's oldest undergraduate drama troupe.

The 31-year-old actor was nominated for a Golden Globe for his supporting role in "Pineapple Express" and starred opposite Sean Penn in "Milk." He has appeared in TV's "Freaks and Geeks" and the "Spider Man" trilogy and portrayed James Dean in the TNT biopic.

Renee Zellweger will be honored as the Hasty Pudding Woman of the Year on Thursday. Last year's honorees were Christopher Walken and Charlize Theron.