Holding Owner of the Republic of Discord

The Holding Owner of the Republic of Discord is a position within the Administration of the Republic of Discord, being the Owner with access to the official Ownership account and with the authority to manage the ownership status of affiliate servers and other servers inherently tied to the Republic. The title has existed informally as early as the 8th Republic (as a result of the formation of the Second Triumvirate) but has recently emerged into the legal nomenclature of the Republic, having been mentioned in constitutional law as early as the Fifteenth Republic. 
Although legally considered an equal partner to the other two lawful owners of the Republic, many have described the 'Holding Owner' as a first-among-equals within the ROD ownership, often guiding policy within the Ownership even without the explicit approval of other owners since the position's inception. Because of this status, the Holding Owner is often portrayed by the public imagination as the sole or executive leader of the Republic's ownership, despite the lack of legality behind this.
As many of the powers of any particular Holding Owner are derived not from their office but their personal influence within both the administration and Republic, the authority of Holding Owners over time has never been constant, with their powers ranging from being an authoritative figure on all staff matters with other members of the Ownership essentially relegated to secondary positions (such as during the peak of the Fifteenth and Fourteenth Republics) to be a slightly elevated senior partner of the Ownership in recent times - which has seen the prestige and personal authority of the Holding Owner diminish as a consequence of various factors. More powerful 'Holding Owners' throughout ROD history have frequently come under criticism of traditionally anti-administration political factions for their often singular authority over the Ownership, and have sometimes even been portrayed as tyrants who undermine liberty.