Mike Wallace attends the Hall of Fame gala. Credit: George De Sota/Getty Images

Legendary 60 Minutes broadcaster Mike Wallace, who retired from the network in 2006, died Saturday in New Haven, Conn. He was 93.

Bob Schieffer, the host of CBS' Face the Nation, announced his former colleague's passing on the Sunday morning news program. Wallace, whose health had declined in recent years, was with his family at the time of his death.

A correspondent on CBS' 60 Minutes for 38 seasons, Wallace retired from the program in 2006, taking with him his reputation as one of the toughest interviewers in the news business.

"To go around the world, to talk to almost anybody you want to talk to, to have enough time on the air, so that you could really tell a full story, what a voyage of discovery it was," Wallace told Schieffer when he announced his retirement.

During his storied career, Wallace had the opportunity to interview seven U.S. presidents, countless celebrities and other personalities including Malcolm X, Dr. Jack Kevorkian, Yasir Arafat and Iran President Mahmoud Ahmadinejad.

His last 60 Minutes interview -- which took place just weeks before he underwent bypass surgery in 2008 -- was with baseball player Roger Clemens, who faced accusations of using performance enhancing drugs at the time.

Wallace is survived by his fourth wife, Mary Yates; his son Chris, a Fox News journalist; a stepdaughter, Pauline Dora; and a stepson, Eames Yates.