Fishburne won for his performance in "Without Walls." Pettiford earned her award for "Wild Party."
The 17th annual event also honored George C. Wolfe with a lifetime achievement award, Variety said.
Other award recipients include Usher Raymond, who earned the Spirit Award, and Keith E. Hopps and Elizabeth Valtierra of oAbbott Laboratories, co-winners of the Community Service Award.
Cynthia Marshall accepted the President's Award. Gary Guidry and Je'Caryous Johnson each received a Trailblazer Award.
Swim Week Miami Beach 2014 [PHOTOS]