Moscow, Dec 19 (UNI) Time magazine today named Russian President Vladimir Putin as its ''Person of the Year'' for 2007, for bringing his country roaring back to the table of world power, Russia Today television channel reported.
Mr Putin beat several rivals including former US Vice President Al Gore, British author JK Rowling, Chinese President Hu Jintao and US commander in Iraq General David Petraeus.
He will appear on the cover of Time magazine as the person, the editors believe had the greatest impact on events this year, for better or worse.
Mr Putin announced last Monday that he would accept the post of Prime Minister if his choice Dmitry Medvedev is elected as President. Mr Putin cannot run for President after the completion of his two consecutive terms.
The Time has given out its ''Person of the Year'' award every year since 1927.