Panamerican Beverages, Inc. (NYSE: PB), the largest soft drink bottler in Latin America and one of the world's largest Coca-Cola bottlers, today announced the appointment of William G. Cooling as Chairman and CEO and Henry A. Schimberg as Vice Chairman. The appointments were announced as Panamco pursues a company-wide restructuring program designed to improve productivity, enhance profitability and strengthen the Company's competitive position in the beverage industry.