I've just read some very sad news on the Kinks website:
I'm sad to report the death of Pete Quaife, the Kinks' original bass player. Pete died yesterday, June 23rd, of kidney failure after spending several days in a coma in a hospital in Denmark.
Pete was there from the very beginning and played on all of Kinks amazing 60's tracks right up to "The Kinks Are the Village Green Preservation Society". His last session with the group was for the single "Days". He left the Kinks to form Mapleoak, but this band only stuck together for a couple of years. He then retired from music and moved to Denmark and later Ontario, Canada where he worked as a graphic artist.
Pete made one encore appearance with the Kinks in a 1981 Toronto gig and also hopped on stage with the Kast Off Kinks at 2004 show in the Netherlands.