NEW YORK (CBS News/AP) — CBS says veteran newsman Bob Schieffer is retiring this year.

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.

“Because that was where it all started for me, I wanted this to be the place, and I wanted you all to be the first to know that this summer I’m going to retire,” he said at the annual Schieffer Symposium at Texas Christian University, his alma mater. “It’s been a great adventure. You know, I’m one of the luckiest people in the world because as a little boy, as a young reporter, I always wanted to be a journalist, and I got to do that. And not many people get to do that, and I couldn’t have asked for a better life or something that was more fun and more fulfilling.”

He has interviewed every president since Richard Nixon as well as most of those who sought the office, CBS News reports. Schieffer most recently interviewed President Obama last November, his third interview with the president on “Face the Nation.”

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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(TM and Copyright 2015 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2015 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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