August 25/Mexico City/Marketwire -- Coca-Cola FEMSA S.A.B. de C.V. announced changes to its business structure and organization.
Ernesto Silva Almaguer, presently in charge of the Mexico division, will now extend his responsibilities. In addition to Mexican operations, he will manage the Central American franchise territories in Guatemala, Nicaragua, Costa Rica and Panama. These franchise territories will integrate FEMSA’s new Mexico and Central America division. Per a press release, Almaguer's considerable operating experience has been an important driver of the Mexico division's growth, maintaining a strong focus on profitability and enhancing the execution capabilities of the company’s largest operation to realize its full potential. With more than 15 years of experience in the company, he served as chief operating officer of FEMSA’s Mercosur division, among other executive positions.