Also the award is presented annually by some organizations but may be a one-off or occasional event for others.
The chosen person is usually someone who has been notably influential or prominent during the year and could also be a hero or villain.
[1] Junior League chapters (and other organizations) gave "Woman of the Year" awards.
[2] The Leukemia & Lymphoma Society gave "Man & Woman of the Year" awards.
The staff of magazines presented artists or photographers with "Cover of the Year" accolades.