Actor Johnny Depp has been named this year's "Sexiest Man Alive" by PEOPLE. Depp nudged aside Hugh Jackman to get the coveted title on Wednesday. It's the 46-year-old actor's second time winning -- he also won in 2003. Kate Coyne, senior editor at PEOPLE, said on CBS' 'Early Show' that Depp has achieved an almost "iconic status in terms of sexiness."

"Johnny Depp was someone who was sexy 10 years ago. He'll be sexy 10 years from now. He's someone who appeals to multiple generations of women," Coyne said.