Simon Rowe has stepped down from his role as group chief financial officer of Chez Gerard Restaurants Ltd, formerly Paramount Restaurants, which was placed into administration earlier this week. Rowe, who is currently part-time finance director at Princi – Alan yau’s restaurant and bakery venture in London – had been with company since June 2010. Chez Restaurants, the operator of the Brasserie Gerard and Bertorelli brands, was placed into administration on Tuesday, with Deloitte, which was hired by the company in August to advise it on its future options, appointed as administrators. The businesss operates 18 Brasserie Gerards, four Livebaits and three Bertorellis. M&C Report understands that deals are progressing on a number of the sites, which will continue to trade up to and over Christmas.