John Towers (businessman) John Towers (businessman) John Towers CBE (born 30 March 1948) is an English businessman, who was the owner and managing director of MG Rover Group from 2000 until the company entered administration in 2005. This followed a succession of senior appointments within Rover, which he had joined from Massey Ferguson in 1988. Towers started his career in 1966 as a student apprentice with Perkins Engines of Peterborough, which by that time had become a subsidiary of Massey Ferguson. He rose within Perkins to become Director of Engineering before leaving in 1988 to join the Rover Group. Together with Peter Beale,
The Equitable Life Assurance Society to the government's reply. In August 2009 Sir John Chadwick issued an interim report. Sir John is designing a scheme to help the "hardest hit" by measuring the losses suffered in agreed cases of maladministration with those of a comparable company. In the Queen's Speech following the formation of a Conservative-LibDem coalition government in 2010, the Equitable Life (Payments) Bill was announced. The bill will secure compensation for nearly a million policyholders (UK-wide) hit by the near-collapse of the insurer Equitable Life. The Government also announced that the final report from Sir John Chadwick in relation to Equitable Life would