Henry J. Waternoose, III

"An entire scare floor out of commission. What else can go wrong?"

- Mr. Waternoose

Henry J. Waternoose III, more commonly known as Mr. Waternoose, is the hidden secondary, but true, antagonist of Monsters, Inc. He is the former CEO of the company (being replaced by Sulley). Waternoose used to be Sulley's father-like mentor and he liked him as his top scarer, only to turn on him and Mike and banish them later on; since that day, Sulley, Mike, and Waternoose have been enemies.

Beginnings
Mr. Waternoose was troubled that his company was starting to fail because more and more kids weren't scared of monsters anymore, and therefore, the energy used to power the city was being decreased.

Whenever a kid was let loose into the monster world or has touched a monster, the door has to be destroyed with a shredder, and losing power was no good. Randall agreed that if Sulley and Mike were put away, he'll help Waternoose with his power problem. So Randall worked overtime one day and he accidentally left the door to the kid that he intended to steal. By accident, Sulley opened the door and the girl (Boo) was let in.

In Monsters, Inc.
At the beginning, Mr. Waternoose is first shown warning Thaddeus and the trainees about the dangers of a human child after Thaddeus has unsuccessfully tried to scare a simulation child in bed.

Later, when Sulley and Mike were carrying Boo, they try to tell Mr. Waternoose when he's attending a training session for new monsters. But Waternoose asks Sulley to demonstrate his scare tactics, and when Sulley roars at the simulation child, he accidentally scares Boo who reveals herself as a human child. After Mike tells Waternoose about Randall's plan, he takes Boo and promises to set things right for them. But he just lied to them. Instead,  he brings a door (not Boo's) and tells his sidekick Randall to open the door for Sulley & Mike. Then Waternoose — revealing that he is lying to them — pushes Sulley and Mike into it and closes the door, trapping the duo in the Himalayas, where they end up having a falling out. Only worried about getting to Boo, Sulley quickly scavenges parts from stockpiles from the Abominable Snowman and goes to the nearest village to use a door and go back to Monsters, Inc.

Inside the secret lair, Mr. Waternoose regrets banishing Sulley and blames Randall for having to do so. After Randall responds that they won't need scares with his machine and that Sulley got what he deserved anyway, Waternoose states that Sulley was twice the scarer Randall will ever be, making him growl in anger but still work as his henchman. Waternoose then accepts Randall's plan and watches him doing it. then, Fungus tests the Scream Extractor on Boo. Sulley intervenes at the last moment before the Scream Extractor gets to her mouth, destroys the machine, and throws it at Mr. Waternoose, Randall, and Fungus. After he saves her, Mr. Waternoose angrily orders Randall to get Sulley and Boo and finish Sulley off, but Mike — who has followed Sulley back into the monster world — accidentally gives away Randall's cloaking abilities by throwing a snowball at him instead of Sulley, who then punches Randall in the face and knocks him out. After the three escape, Mr. Waternoose tells Randall to go after them and says that there can't be any witnesses, to which Randall replies that there won't be.

While Sulley and Mike lead Randall on a wild chase through a large chamber where thousands of doors to the human world are kept, Mr. Waternoose rallies the CDA to arrest Sulley and Mike, believing them to be responsible for the entire incident.

After the trio defeat Randall and go back to Scare Floor F, Mike distracts the CDA by driving them away into a room while Mr. Waternoose catches sight of Sulley with Boo and her door and chases them into the simulation room.

Mr. Waternoose breaks into a room where Sulley has went into and confronts him, declaring he'll kidnap a thousand children before letting the company die and that he'll silence anyone who gets in his way. After knocking his former friend aside, Waternoose tries to grab Boo from her bed, but he instead grabs the simulation child, leaving him shocked and confused. Just then, the wall goes up to reveal that Mike was behind the controls this whole time. Mike, who has recorded the entire confrontation, plays back his favorite part to where Mr. Waternoose reveals his plan as he watches in bewilderment. With this incriminating evidence, the CDA turns on Waternoose and arrests him. As he is being dragged away, Mr. Waternoose angrily blames Sulley for "destroying" Monsters, Inc., saying that the energy crisis will only get worse because of him; but this eventually proves to be wrong as Sulley replaces Waternoose as the CEO and makes kids laugh instead, thus generating even more power than screams and finally fixing the problem.

In Monsters University
In Monsters University, Waternoose is set to return. It is unknown whether he'll be considered a villain since the events in this movie take place before he becomes evil in Monsters, Inc.

Personality
Originally, Mr. Waternoose had a gentle, fatherly facade with Sulley and he believed he was the best scarer.

Later, he's only driven to villainy out of desperation to keep Monsters, Inc. afloat in the midst of the energy crisis. He becomes more villainous as this drive and desperation strips away his morals and he's determined to not let anything stop what he thinks will be the best way for the company to keep going, never bothering to look for other energy resources.

At the end of the first film, Mr. Waternoose got taken to jail by the CDA and he yelled at Sulley for "destroying" Monsters, Inc. and that it's his fault the crisis will now get worse. But it was revealed that Sulley ended up making it better and also replacing Waternoose as the new CEO.

Appearance
Coming soon!

Trivia

 * Mr. Waternoose is often thought to be the first film's main antagonist and as Randall's boss.
 * Waternoose the last character to be voiced by James Coburn right before he died on November 18, 2002.
 * In Monsters University, Mr. Waternoose will be voiced by Kelsey Grammer after Coburn's death. Grammer previously voiced another Pixar villain: Stinky Pete in Toy Story 2. As well, he also voiced Sideshow Bob in The Simpsons.
 * It is currently unknown what Waternoose's middle name (J.) stands for. It was once rumored that it stood for James, but no one knows for sure.
 * His father's real name is unknown.

Quotes
"There is nothing more toxic or deadly than a human child! A single touch could kill you! Leave a door open, and a child could walk right into this factory! Right into the monster world!'"

- Mr. Waternoose on why humans are deadly to monsters themselves. "James, this company has been in my family for 3 generations. I would do anything to keep it from going under."

- Mr. Waternoose to Sulley during their meeting "When the door lands in this station, cut the power. You'll have the child and the criminals responsible for this whole mess."

- Mr. Waternoose with the CDA. "I'll kidnap a thousand children before I let this company die! And I'll silence anyone who gets in my way!"

- Mr. Waternoose yelling at Sulley, unaware that he's in the simulation room "I hope you're happy, Sullivan, you've destroyed this company; Monsters, Incorporated is dead! Where will everyone get their screams now?! The energy crisis will only get worse! Because of YOU!!"

- Mr. Waternoose, after he is arrested by the CDA