Barbara Walters To Retire Next Year

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(CNN) — Longtime ABC News personality Barbara Walters will announce Monday that she will retire from TV journalism in 2014, ABC reported Sunday.

Walters’ national broadcast career began in 1961 as a reporter, writer and panel member on NBC’s “Today” show. She was promoted to co-host in 1974, but she was hired away by ABC in 1976.

“There’s only one Barbara Walters,” said ABC News President Ben Sherwood. “And we look forward to making her final year on television as remarkable, path-breaking and news-making as Barbara herself.”

CNN’s Alan Duke contributed to this report.