Loewi, who has led the group as CEO since the departure of fellow co-founder Des Gunewardena in September 2022, will serve as advisor to the board with a particular emphasis on international expansion while a new CEO is appointed.
In a statement, Loewi said: “After much reflection, I have made the decision to step down from my role as CEO at D&D London.
“It has been an incredible journey, and I am deeply proud of all that we have accomplished. We’ve continuously pushed boundaries and created beautiful restaurants in some of the most exceptional buildings in the UK, Paris and New York.
“Throughout my time here, I’ve been fuelled by a deep passion for food quality, ensuring that every dining experience reflects the high standards we set from the beginning.
“Working alongside talented and dedicated individuals has been a true privilege, and I’m immensely proud of what we’ve achieved together.
“This business has always been about more than just the food — it’s been about the people and the sense of fun and excitement that comes with creating something special.
“As I move on to new endeavours, I leave with confidence in the team to continue this legacy, taking the business to even greater heights.”
Loewi created D&D in 2007 when he and Des Gunewardena led a management buyout of his previous employer Conran Restaurant Group.
D&D London is owned by Calveton and Breal Capital, which acquired the group in October 2023 in a deal that valued the business at £60m.
The investment followed a year of turbulence for the group following Gunewardena’s departure, during which it shuttered several sites.
D&D London thanked Loewi ‘wholeheartedly’ for his service and wished him all the best for the future.
The group added that it was ‘looking forward’ to a healthy Q1 trading with pre-booked sales for Christmas ahead of last year, and that it is currently working on expansion plans both in the UK and internationally.
“I am incredibly grateful for the support and shared passion that all my amazing colleagues, partners, and clients have brought to this journey, and I look forward to watching D&D London flourish in the years to come,” Loewi continued.
“I sincerely wish the entire team the very best as they carry on the mission and vision of this great organisation.”