After 29 years, TIME has finally named a woman as its Person of the Year.

The magazine announced on the “Today” show this morning that German Chancellor Angela Merkel beat out Donald Trump, Russian President Vladimir Putin and ISIS leader Abu Kabr al-Baghdadi for its yearly honor.

Merkel has made headlines this year for opening Germany’s borders to thousands of refugees and for managing Europe’s economic crisis.

https://twitter.com/TIME/status/674570569124311040/photo/1?ref_src=twsrc%5Etfw

Credit: Cosmopolitan