In a memo to staff Wednesday, CBS News President David Rhodes said that the chief Washington correspondent and anchor of "Face the Nation" will retire this summer.
Rhodes said that the 78-year-old Schieffer made the announcement Wednesday night in Fort Worth, Texas, at TCU's Schieffer College of Communication. Scheiffer graduated from the school and started his career in Texas, at the Fort Worth Star-Telegram.
He joined CBS in 1969 and has been chief Washington correspondent since 1982 and host of "Face the Nation" since 1991.
In his memo, CBS News head Rhodes called Schieffer an inspiration and mentor for many of his colleagues.
Plans for "Face the Nation" and for the Washington bureau will be reported soon, Rhodes said.
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