Finance & Capital Management

Siemens' air and ocean freight and Customs Brokerage business in the United States will use DHL Global Forwarding as its preferred international carrier.

James R. Ridings has informed Craftmade International Inc.'s Board of Directors that he will retire as the company's chief executive officer, effective June 30, 2008.

The Coca-Cola Company and Honest Tea Inc. have completed an agreement resulting in Coca-Cola holding approximately 40 percent interest in the fast-growing maker of certified organic beverages, including the best-selling Honest Tea

The Alberto-Culver Company appoints Gina Boswell to the position of president of global brands. Reporting to V. James Marino, president and chief executive officer, Boswell will oversee global brands such as Alberto V05, TRESemme, St. Ives and Nexxus, research and development, and consumer insights.

Diageo and the Nolet family will form a new 50/50 company, which will own the perpetual exclusive global rights to sell, market and distribute the successful super-premium Ketel One vodka.

Reckitt Benckiser Group plc successfully completed its acquisition of Adams Respiratory Therapeutics Inc. through a cash tender offer followed by a short- form merger of its indirect wholly owned subsidiary, Twickenham Inc., with and into Adams.

NexCen Brands Inc. has acquired the Great American Cookie Company from Mrs. Fields Famous Brands LLC for $93.7 million, which consists of approximately $89 million of cash and NexCen common stock valued at approximately $4.7 million.

Science-based products and services company DuPont names Linda B. West as vice president and general manager -- DuPont Imaging Technologies, and Donna H. Grier as vice president -- general auditor and chief ethics and compliance officer