The official WWE website posted the following today:

"WWE is saddened by the news that Lee Marshall has passed away.

A gifted broadcaster with an unmistakable voice, Marshall provided commentary for both the AWA and WCW and was a Monday Nitro fixture with his weekly "Road Report." He appeared with WWE for one night only, handling ring announcing duties for the Los Angeles portion of WrestleMania 2. In addition to his contributions to the world of sports-entertainment, Marshall was also the voice of iconic cereal mascot Tony the Tiger on Frosted Flakes commercials.

Our deepest condolences go out to Marshall's family, friends and fans."