cherokee-panic: command not found

Have You tried accessing the binary with the full path?

Maybe Your $PATH variable doesn't contain the default paths? echo $PATH should give something like:

[root@server ~]# echo $PATH
/usr/local/sbin:/usr/local/bin:/sbin:/bin:/usr/sbin:/usr/bin:/root/bin

If it's empty, You may set the PATH variable with this command

export PATH="/usr/local/sbin:/usr/local/bin:/sbin:/bin:/usr/sbin:/usr/bin:/root/bin"

On CentOS possible default full paths are:

/usr/bin/cherokee-panic - from package: cherokee

You may install the required package with command yum install {package}
Error in other languages:
cherokee-panic: bevel nie gevind nie
cherokee-panic: comandă negăsită
cherokee-panic: comando não encontrado
cherokee-panic: commande introuvable
cherokee-panic: command not found
cherokee-panic: käsku ei ole
cherokee-panic: không tìm thấy lệnh
cherokee-panic: komanda nerasta
cherokee-panic: Kommando nicht gefunden.
cherokee-panic: kommandot finns inte
cherokee-panic: komut yok
cherokee-panic: nie znaleziono polecenia
cherokee-panic: níor aimsíodh an t-ordú
cherokee-panic: no se encontró la orden
cherokee-panic: no s'ha trobat l'ordre
cherokee-panic: opdracht niet gevonden
cherokee-panic: parancs nem található
cherokee-panic: perintah tidak ditemukan
cherokee-panic: príkaz nenájdený
cherokee-panic: příkaz nenalezen
cherokee-panic: команда не найдена
cherokee-panic: командата не е открита
cherokee-panic: 命令找不到
cherokee-panic: コマンドが見つかりません