Crayola CEO Presents Jarringly Ambitious 5-Year Plan At Annual Shareholders Meeting

Top Headlines

Recent News

Grin Slowly Spreads Across Mom’s Face As Meal Revealed To Contain Healthy Ingredients

‘The Mashed Potatoes Are Actually Made With Cauliflower,’ She Announces

VERONA, WI—Having waited until everyone at the table had finished their dinner Monday, a knowing grin reportedly spread across local mother Angela Hopkins’ face as she announced to her family that the mashed potatoes had in fact been made using cauliflower as a healthier alternative.
End Of Section
  • More News
TV Listings
Just Like Everything Else!: Fox 8 p.m. EDT/7 p.m. ABC Pete's wife is still on him about building that darn shed, these kids are going to be the death of Sheila and Dave, and the hot next-door neighbor is up in EVERYBODY'S business! Sunday nights on ABC couldn't be any more familiar!

Special Coverage


  • How Theaters Are Trying To Win Back Moviegoers

    The number of Americans who went to the movies hit a 20-year low in 2014, leaving theaters scrambling to find ways to incentivize the public to see new releases on the big screen rather than watch films at home or on the internet. Here are some methods theaters are using to win back audiences and increase box office sales:


Crayola CEO Presents Jarringly Ambitious 5-Year Plan At Annual Shareholders Meeting

EASTON, PA—Speaking at the annual shareholder meeting of Crayola, Inc. on Tuesday, CEO Mike Perry reportedly bewildered investors with a 95-slide PowerPoint presentation called "Thinking Outside The Crayon Box" in which he outlined an oddly ambitious, disconcerting  5-year plan. "I expected him to introduce some new colors or something, but all of the sudden he was talking about 'throwing wax out the window' and 'envisioning the Crayonscape of the future,'" shareholder Nicole West said of Perry's unnerving slideshow, which included a production timeline for a series of Bluetooth-compatible crayons under the heading "Fully Integrated Multi-Level Crayon Solutions." "He said that by 2018, crayons are going to be 100-percent digital, and I'm not sure anyone really understood what he meant by that. To be honest, I kind of just wanted to hear if he figured out a way for crayons to color better or something." Perry further unsettled shareholders by saying that the company would be phasing out burnt umber, as the color was "an archaic and embarrassing vestige of a bygone crayon era that does not represent Crayola as the vanguard of conceptual, cutting-edge crayon thinking and ideas."