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Condoleezza Rice Becomes CBS News Contributor

TAMPA, FL - AUGUST 29:  Former U.S. Secretary of State Condoleezza Rice waves as she takes the stage during the third day of
TAMPA, FL - AUGUST 29: Former U.S. Secretary of State Condoleezza Rice waves as she takes the stage during the third day of the Republican National Convention at the Tampa Bay Times Forum on August 29, 2012 in Tampa, Florida. Former Massachusetts Gov. Mitt Romney was nominated as the Republican presidential candidate during the RNC, which is scheduled to conclude August 30. (Photo by Mark Wilson/Getty Images)

Bob Schieffer announced on Sunday that Condoleezza Rice is joining CBS News as a contributor.

"Everybody knows Condoleezza Rice was President Bush’s Secretary of State but I'm highly pleased to announce she has a new job. As of today, she’s joining CBS News as a contributor," Schieffer said at the top of the roundtable discussion on "Face the Nation." Rice was a member of the show's panel.

She will "use her insight and vast experience to explore issues facing America at home and abroad," the network said in a statement.

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