He served on the board of directors of many Australian companies, including Consolidated Press Holdings and Qantas.
He was a journalist and right-hand man of Kerry Packer[1] and a former business associate of Malcolm Turnbull.
During his career he also served as chairman of Oil Search, Commsoft Group and Cypress Lakes Group, and as a director of both public and private companies, including Qantas Superannuation, Downer EDI, FTR Holdings and RG Capital.
[3] In 2003 Kennedy resigned from his position as director of seven public companies (including Qantas).
[4][5][6][7] In 2005 the stockbroker Rene Rivkin told Swiss investigators that he, Kennedy and the politician Graham Richardson were secret owners of a $27 million stake in the Offset Alpine Printing company.