This is the 137th most frequent Swedish word.
ägare
Owner.
Here, 'ägare' is used to denote the person who owns or possesses the dog.
Hundens ägare är mycket vänlig.
The dog's owner is very friendly.
In this sentence, 'ägaren' indicates the person who possesses or is in charge of the company.
Jag vill träffa ägaren av detta företag.
I want to meet the owner of this company.
Here, 'ägarens' is the possessive form of 'ägare', describing that the decision belongs to the owner.