As of December 2020[update], Eddington is chair of Lion and serves on the board of its Japanese parent company, Kirin. He is also chair of JP Morgan's Asia-Pacific Advisory Council, chair of Infrastructure Partnerships Australia, and a member of the APEC Business Advisory Council.
He has served in other senior positions including as CEO of British Airways.
Eddington joined the Swire Group in 1979, working for its subsidiary Cathay Pacific, before being appointed Managing Director in 1992. Continuing his association with the airline industry; News Limited, subsidiary of News Corporation, appointed Eddington Chairman of Ansett Australia in January 1997, four years before the airline failed. News Corp had taken control of the airline with TNT in 1979. Eddington was appointed Deputy Chairman of News Limited in September 1998.[7] He was further promoted to the News Corporation board in September 1999.[8]
In 2003, he retired the British Airways Concorde, a move viewed as controversial.[10] Eddington stepped down as chief executive officer of British Airways on 30 September 2005, after more than five years in the position. He then returned to Australia to take up a position as the head of the Victorian Major Events Association, succeeding Steve Vizard. Eddington was replaced by Willie Walsh in October 2005 after he had followed a six-month shadow position.[11]
Board memberships
In February 2006, Eddington served as a non-executive board member of JPMorgan representing Australia and New Zealand.[citation needed]
Eddington was appointed to the board of Lion in March 2011, and appointed chair in March 2012. He joined the parent company's board (Kirin) in March 2020, and holds these positions as of December 2020[update].[13]
On 1 December 2006, Eddington published a UK government-sponsored report into the future of Britain's transport infrastructure. Known as the Eddington Transport Study, it spelled out a plan to improve road and rail networks, as a "crucial enabler of sustained productivity and competitiveness". In its conclusions, the report highlighted Britain's transport networks that provide the right connections, in the right places, to support the journeys that matter to economic performance. But roads in particular were in serious danger of becoming so congested, the economy would suffer.[citation needed]
At the launch of the report Eddington told journalists and transport industry representatives introducing road pricing to encourage drivers to drive less was an "economic no-brainer". There was, he said "no attractive alternative". It would cut congestion by half by 2025, and bring benefits to the British economy totalling £28b.[14]
The report also called for a programme of improvements to existing road and rail networks, the expansion of key airports, and adoption of the general principle that travellers should pay for the external costs of the pollution and congestion their journeys cause.[citation needed]
Eddington has since delivered a report to the Victorian Government of Australia, the East West Link Needs Assessment report, which was met with mixed reactions. Economic commentators criticised the cost-benefit ratios of Eddington's proposals, which on Eddington's own analysis were marginal at best.[15]
In 2015 he was awarded the Grand Cordon of the Order of the Rising Sun by the Japanese Government for his "contribution to strengthening the economic relations between Australia and Japan".[13]
^Edwards, Peter; Hillman, Wendy (2010). A School With A View: a centenary history of Christ Church Grammar School, Perth 1910-2010. Claremont: Christ Church Grammar School. Appendix 23: Student Register, pp 379–450. ISBN9780646543734.