He has been the 8th chancellor of Monash University, and non-executive director of Rio Tinto, Spotless Group, and National Australia Bank.

He is retained by Macquarie Bank Melbourne as a consultant and is a fellow of the Australian Institute of Company Directors (FAICD).

[1] After completing a Bachelor of Commerce in 1976 and Bachelor of Laws in 1978, both at the University of Melbourne,[citation needed] Simon McKeon practised law in Sydney with Blake Dawson Waldron before taking up a post with the Macquarie Bank,[citation needed] where he became the Executive Chairman (Melbourne Office).

[6] In October 2015, it was announced that McKeon would succeed Dr Alan Finkel as Chancellor of Monash University in January 2016.

[citation needed] On 11 June 2012, McKeon was named an Officer of the Order of Australia (AO) for "distinguished service to business and commerce through leadership and advisory roles, and to the community as a supporter of national and international charitable, educational and sporting organisations.