Barnes to leave Rainbow's End company

Craig Barnes, the entrepreneur credited with turning Rainbow's End around after he bought the theme park in 1991, is to retire as a director of the parent company.
Barnes, 61, will not seek re-election of New Zealand Experience â operator of New Zealand's largest theme park â at the annual meeting in November.
The board is not immediately seeking a replacement as it is trying to help its majority shareholder, the estate of George Gardiner, which has 74.86% of the company, sell out.
Director David Lock says Zeus Management, which he is involved with, is compiling an information memorandum on the company, with some interested parties already sent preliminary details.
Lock says losing Barnes would leave a big gap on the board, stating "Craig brings a good perspective to it, he's got a good sense of humour. As a former operator he understands the uniqueness (of Rainbowâs End)."
The park was purchased by New Zealand Experience in 1995.