By Rita Kokshanian
Updated Oct 13, 2014 @ 12:33 pm
Taylor Swift Billboard Woman of the Year
Credit: Jason Merritt/Getty Images

It looks like Taylor Swift has another impressive feat to add to her ever-growing list of accomplishments—she was just named Billboard magazine's 2014 Woman of the Year! The singer and InStyle November cover girl also nabbed the honor in 2011, which makes her the first artist to win the award twice.

The Woman of the Year award is given to an artist who "has shaped and inspired the music industry with her success, leadership and innovation over the past twelve months," Janice Min, co-president and chief creative officer of Guggenheim Media's Entertainment Group (which includes Billboard), said. She lauded Swift as "one of the most influential artists of her generation."

"Over the course of her career, she’s charted 60 entries on the Billboard Hot 100—the most of any female artist since her debut in 2006." Min said. Congrats, Taylor!