Shepard has produced numerous classical and Broadway cast albums, winning 12 Grammy Awards, including four with songs by Stephen Sondheim. In 1984, he received the NARAS Governors' Award for Lifetime Achievement, and in 1986, he won a Drama Desk Special Award "for preserving musical theater heritage on record." Shepard received two Emmy Award nominations for songs he composed for the PBS television show "Between the Lions" (2007). He has also produced live concert events, most recently "My Fair Lady" in 2007, and "Camelot" in 2008, with the New York Philharmonic, broadcast on PBS as part of the "Live from Lincoln Center" series. Shepard has arranged music and conducted for Anna Moffo, Richard Kiley, the Norman Luboff Choir and Richard Tucker, among others. He performed as a pianist at various concert venues, and his recording of classical piano pieces and improvisations, "Love on a Stormy Weekend", was released by Planet Earth Recording Co. in 1998.