ABC will honor Walters with a week-long celebration May 12-16.

• "The View" will celebrate Walters’ final week, culminating with her final co-host appearance May 16 (11 AM-noon ET)
• A two-hour primetime ABC special highlighting her career will air May 16, 9-11 PM
• ABC News Headquarters in New York City will be named in her honor during a dedication ceremony.

Walters will also be a lifelong member of the ABC News team, making special appearances as news warrants.

“In this business there are legends, there are icons, and then there is Barbara Walters,” said Robert A. Iger, chairman and chief executive of The Walt Disney Company, in a statement. “She’s a dear friend and colleague as well as someone I deeply admire, and it’s impossible to fully convey her impact and influence on television. She broke barriers, defied convention, made history and set the standard for journalistic excellence for more than 50 years. It’s hard to imagine television without her.”

Anne Sweeney, co-chair, Disney Media Networks and president, Disney/ABC Television Group, added, “Barbara Walters was one of the first people I met as an ABC page almost 38 years ago. She was fiercely intelligent, impressive and inspiring then, and remains so to this day. I am honored that I've had the rare opportunity to work, and learn, from her all these years. Her influence on television, and American culture, will resonate for decades to come.”