Ecco decided to initiate a gradual generational handover of responsibilities in the executive board at its supervisory board meeting and its annual meeting last month. After being in charge of the big Danish group for almost 12 years, Dieter Kasprzak is handing over its day-to-day management to Steen Borgholm, and will focus more on design and product development as in the distant past. Borgholm, a 41-year-old manager who has been serving as chief financial officer of Ecco on the executive board since 2012, has been named deputy managing director and he is set to become the new CEO at the next general assembly in May 2017. He has been with the company since 2000, More in Shoe Intelligence.