The 21-year-old model confirmed as much Friday on Twitter after ABC announced the news in a press release earlier in the day.
Hadid and Pharoah, 29, will host the annual ceremony Nov. 20 at Microsoft Theater in Los Angeles. The awards show will be broadcast live on ABC beginning at 8 p.m. ET.
"I'm so excited to host the 2016 AMAs with Jay Pharoah," Hadid said in a statement.
"Jay is known for his spot-on impressions so I can't wait to take the stage with him to show my goofy side and celebrate this year's nominees!"
"Can't wait to host the AMAs with the beautiful Gigi Hadid (so much innocence in her eyes) and being in the building with some of my industry friends, who I've probably impersonated at some point I'm sure," Pharoah added. "It's gonna be a fun night!"
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