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,
Phoenix Venture Holdings further accused Mr Beale of giving "untruthful" evidence during interviews. In return the Directors have accused the findings of being a whitewash and a witchunt, and it remains unknown the exact details of the actions of key Government Ministers at the time of the collapse. Conservative business spokesman Kenneth Clarke said it was right the report criticised the Phoenix Four, whose behaviour was "disgraceful". Lord Mandelson said the Phoenix group had not shown an "ounce of humility" about the firm's demise and they owed an apology to the firm's employees and creditors. However his comments that steps will be taken