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OTRC: Barbara Walters to announce 2014 retirement

Legendary newscaster Barbara Walters will retire in 2014, ABC News reported on Sunday.

After 37 years with ABC News, Walters will announce on "The View" on Monday her plans to leave TV journalism. She will continue to appear on the daytime talk show and anchor and report for ABC News until her retirement next summer.

"I am very happy with my decision and look forward to a wonderful and special year ahead both on 'The View' and with ABC News," she said. "I created 'The View' and am delighted it will last beyond my leaving it."

Walters will continue to be executive producer of the series she created in 1997.

Walters began her career in TV in 1961 on NBC's "Today Show." She made the move to ABC on the "Evening News," where she became the first female anchor on an evening news program.

Through the years, she interviewed many world figures, including Fidel Castro, Moammar Kaddafi and Saddam Hussein. She has also interviewed every American president and first lady since the Nixon administration.

UPDATE: Check out Barbara Walters' official on-air announcement about her 2014 retirement, on "The View," plus 5 notable quotes.

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