Time's Person of the Year for 2011 is ... "The Protester."
"There was a lot of consensus among our people," Managing Editor Rick Stengel told Ann Curry and Matt Lauer on Today Wednesday morning. "It felt right."
Photo gallery: The best performances of 2011
Time has been selecting a Person of the Year since 1927. Past choices have included Franklin D. Roosevelt, Martin Luther King Jr. and Mark Zuckerberg.
Watch Stengel's announcement on Today: