updated 02/08/2013 AT 7:00 AM ET
•originally published 02/08/2013 AT 7:55 AM ET
As the music community mourns Whitney Houston one year after her death at 48, her mentor and confidante, Clive Davis is “feeling keenly the loss” of the superstar, he told PEOPLE on Thursday at the Beverly Hilton Hotel.
Gearing up for his annual pre-Grammy gala that centered last year on Houston’s memorial, Davis, 80, says at Saturday’s big event, he is “going to do something to remind everybody that her talent lived among us and in so many people.”
On the same night as his event, a special is airing on CBS, dedicated to the fallen diva.
“I wanted her special to be meaningful and touching,” Davis says. “I wanted everyone to remember why she was the greatest in her generation. I’m a great believer in carrying the torch and making sure that her legacy is as glittering as it should be. I’m very involved in that, emotionally and musically.”