John Towers (businessman) ground until it finally collapsed with the loss of 6,500 jobs. PVH gave members of management "unreasonably large" payouts, a government-commissioned report found, which were "out of all proportion". Towers awarded himself £8.958m whilst many employees lost their lifetime jobs - leaving with nothing. Nanjing Automobile subsequently brought MG out of administration, but have since moved production to China. 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
John Atlantic Stephenson John Atlantic Stephenson John Atlantic Stephenson (born 18 June 1829) was a Tyneside businessman and poet and amateur artist in the latter half of the 19th century. He was best known for his recitations. Stephenson was born on Waterloo Day, 18 June 1829 in mid-Atlantic. He started work at Sowerby’s Glass Works, manufacturesr of fine decorative glass items, at Gateshead and later moved on to a responsible post as representative for John Rogerson and Co. (who it is believed were brokers and shipping agents) He was a founder member of the Bewick Club and held the post of honorary treasurer