The president and founder of Danish footwear maker Ecco, Karl Toosbuy, has died.

Toosbuy, who began the company 41 years ago alongside wife Birtie, passed away after a short period of illness.

He was 76 years old.

His daughter Hanni Toosbuy Kasprzak, who assumed control of Ecco seven years ago, will take over as working chairperson of the company.