"While the final terms weren't immediately available, the companies had agreed that AMR creditors would own 72 percent of the new carrier and that US Airways stockholders would get 28 percent, people familiar with the matter have said. US Airways Chief Executive Officer Doug Parker will be CEO, and AMR CEO Tom Horton will be non-executive chairman, the people have said. "Horton will receive a performance payment for taking AMR through bankruptcy, with the amount set by the company's creditors committee, a person familiar with that issue said today. His tenure will run until the first joint shareholder meeting or for one year from the closing date, the person said."