Presidential candidate Michelle Bachelet waves during a victory rally in Santiago, Chile, on Sunday. She defeated her conservative rival Evelyn Matthei with 62 percent of the vote. Luis Hidalgo/AP hide caption toggle caption Luis Hidalgo/AP The Two-Way 6 Things To Know About Chile's Once And Future President December 16, 2013 Michelle Bachelet defeated her conservative rival Sunday with 62 percent of the vote. The center-left candidate was previously president from 2006-10. Although extremely popular when she left office, Bachelet was constitutionally barred from seeking a second consecutive term.