(NEW YORK) -- Pope Francis has been named Time magazine's person of the year.
In an article explaining the decision, Time managing editor Nancy Gibbs writes, "For pulling the papacy out of the palace and into the streets, for committing the world’s largest faith to confronting its deepest needs and for balancing judgment with mercy, Pope Francis is TIME’s 2013 Person of the Year."
The selection was announced Wednesday and marks the third time a pope has received the honor.
Last year, the title went to President Obama, who was also a contender this year. Other people in the running included former National Security Agency contractor Edward Snowden, Syrian President Bashar al-Assad, Health and Human Services Secretary Kathleen Sebelius, and Miley Cyrus.
Copyright 2013 ABC News Radio