The ceremony, which marks the 40th anniversary of the Songwriters Hall of Fame, will also welcome Jon Bon Jovi and Richie Sambora; Felix Cavalieri and Eddie Brigati; Roger Cook and Roger Greenaway; and Crosby, Stills and Nash.

Founded by Johnny Mercer, Abe Olman and Howie Richmond in 1969, the Songwriters Hall of Fame celebrates songwriters, educates the public with regard to the composers' achievements, and produces a spectrum of professional programs devoted to the development of new songwriting talent through workshops, showcases and scholarships.

Previous inductees include Alan and Marilyn Bergman, Cy Coleman, Alan Menken, Richard and Robert Sherman, Burt Bacharach, Carole King, Paul Simon, Bob Dylan, Billy Joel, Sir Elton John, Bernie Taupin, Brian Wilson and James Taylor.

Featuring music by Galt MacDermot, with book and lyrics by Gerome Ragni and Jim Rado, Hair made its Tony-nominated Broadway debut in 1968, earning a Grammy Award for its original cast album. Songs from the popular musical have been recorded by Barbra Streisand, Liza Minnelli, Shirley Bassey, Diana Ross, Nina Simone, The Fifth Dimension, The Cowsills and Three Dog Night. The Tony-winning 2009 Broadway revival opened to raves at the Al Hirschfeld Theatre March 31.

Stephen Schwartz, a five-time Tony nominee for the scores of Pippin, Godspell, Working, Wicked and his lyrics for Rags, has earned Academy Awards for "Pocahontas" and "The Prince of Egypt." He also earned three Academy Award nominations for his work on "Enchanted." Schwartz also received Grammy Awards for the recordings of Wicked, Godspell and "Pocahontas." His opera Séance on a Wet Afternoon will premiere at Opera Santa Barbara in September.