Compere picked up award for gallantry? (5)
I believe the answer is:
emcee
'compere' is the definition.
(synonyms)
'picked up award for gallantry?' is the wordplay.
'picked up' shows a homophone (sound like).
'award for gallantry?' becomes 'MC' (Military Cross).
'mc' sounds like 'EMCEE'.
(Other definitions for emcee that I've seen before include "One presents" , "Formal host" , "A host of Americans" , "I announce" , "Compre" .)