On Wednesday The Recording Academy announced that former CEO and Apple co-founder Steve Jobs will receive a posthumous Trustees Award for changing the music industry with iTunes. Jobs is among the list of 2011′s “Trustees Award honorees” which also includes Dave Bartholomew and Rudy Van Gelder.

“Steve Jobs helped create products and technology that transformed the way we consume music, TV, movies, and books,” the Recording Academy states. “A creative visionary, Jobs’ innovations such as the iPod and its counterpart, the online iTunes store, revolutionized the industry and how music was distributed and purchased. In 2002 Apple Computer Inc. was a recipient of a Technical Grammy Award for contributions of outstanding technical significance to the recording field. The company continues to lead the way with new technology and in-demand products such as the iPhone and iPad.”

The Trustees Award will be presented during the 54th Annual Grammy Awards telecast, which will be held at Staples Center in Los Angeles on Sunday, Feb. 12, 2012, and broadcast live at 8 p.m. EST/PST on the CBS Television Network.

Also on Wednesday Hungarian software company Graphisoft unveiled a bronze statue commemorating the late Steve Jobs in recognition of his leadership and vision, and to show appreciation for Steve Jobs’ support of the fledgling company while Hungary was still a communist country. Graphisoft founder Gabor Bojar first met Jobs in 1984 at an information technology trade show in Germany.

“Steve Jobs was very much convinced about the technology and he offered financial and also marketing support for the company,” said Akos Pfemeter, Graphisoft’s director of global marketing. “We received some financial support and Steve Jobs helped us distribute our products in the Apple distribution network.”

The statue was sculpted by Erno Toth, stands nearly 7 feet tall and weighs around 485 pounds. It captures all his trademark characteristics, from his round glasses to his well-trimmed stubble to his jeans. The statue will be placed in Graphisoft Park, a Budapest complex home to several high-tech businesses.

“I feel that Jobs really changed not just the world of Apple but also the competitors’ computers and telephones,” said Andras Horvath, owner of XMS, one of Hungary’s largest Apple retailers. “At some level, everyone feels his influence, his megalomania, his pursuit of perfection. This can be found in every IT product.”

Former Apple CEO Steve Jobs died in October at the age of 56. He was recently named as Barbara Walters’ “Most Fascinating Person” for 2011.