Lorre was embroiled in a very public fall-out with his show's lead star Charlie Sheen, who was fired from the hit sitcom earlier this year (11).
The series made an impressive comeback with Ashton Kutcher in September (11), when its debut pulled in a record-breaking 28.7 million viewers.
Now it has been announced the writer, who also came up with hits The Big Bang Theory and Mike & Molly, will become an Academy of Television Arts & Sciences Hall of Fame inductee in March (12).
He will be joined by The Jeffersons star Sherman Hemsley and late I Love Lucy couple Vivian Vance and William Frawley.
Previous inductees have included Oprah Winfrey, Betty White, Jim Henson and William Shatner.