APCO Reshuffled Leadership and Operating Structure
The consultancy has appointed new executive roles to refine its client service model in North America.
Updated on Oct. 9, 2026 in People
APCO has named Kelly Williamson as chief client officer and global president of capital markets, while Kelly Stepno has been appointed as deputy president of North America. These organizational changes accompany a new operating model designed to coordinate services for the firm's key clients.
Why it matters
The firm is shifting its internal structure to consolidate oversight of global capital markets, competition practices, and financial advisory teams. By centralizing these functions, APCO aims to improve service delivery for major accounts across its regional footprint.
The firm has announced three leadership changes involving its North America, South, and Midwest regions. The appointments represent a multi-year transition plan that will culminate in mid-2027.
The players
Kelly Williamson
The newly appointed chief client officer and global president of capital markets who previously served as the president of North America.
Kelly Stepno
The current deputy president of North America who is slated to assume full regional leadership in mid-2027.
Hannah Morecraft
The newly appointed managing director for the firm's South region as of October 2026.
Vusi Moyo
The incoming managing director of the Midwest region scheduled to begin the role in mid-2027.
The details
Kelly Williamson, formerly the president of North America, will now spearhead a unified operating model to align services for the company's largest clients. She will directly oversee the firm's global capital markets and financial advisory teams. Meanwhile, Hannah Morecraft has taken on the role of managing director for the South region to support the firm's operational focus.
Timeline
Hannah Morecraft was appointed managing director of the South region on October 8, 2026.
Kelly Stepno will transition to full leadership of North America in mid-2027.
Vusi Moyo is scheduled to become managing director of the Midwest region in mid-2027.
Market Landscape
This reorganization follows a broader industry pattern where global consultancies consolidate client-facing advisory functions to better capture complex capital markets and competition-related business. The shift marks an effort to standardize service delivery across regional borders.
Operators should track how the firm’s centralized capital markets service model impacts their own vendor procurement and competitive bidding processes. Businesses should prepare for potential changes in contact points for ongoing advisory mandates as the leadership transition progresses through 2027.
The takeaway
Centralizing specialized advisory services is a common lever for consultancies seeking to deepen account penetration among large-scale clients. Monitor your current service-level agreements to ensure continuity as management roles rotate over the next two years.
What happens next
Kelly Stepno will assume full leadership of the North America region in mid-2027, and Vusi Moyo will take over as managing director of the Midwest region at the same time.
Further reading
For more on industry hiring and organizational transitions, see the People section.
Source note: This article includes information reported by PRovoke Media.
