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Hillman said, he moved into real estate management, and founded Central Management in 1965 with business partner Melvin Lenkin.
A Turning Point By November, 1969, SMA faced two obstacles to its continued success.
By 1974, SMA President Daniel A. Wren (Florida State University) had initiated a series of membership awards.
SMA co-sponsored the Journal of Business Research through 1975 with the Southern Marketing Association and the Southern Finance Association.
A major milestone was achieved in 1975 when the Journal of Management was first published.
Hillman in 1981, is a major developer in the Baltimore area and one of the largest owner-operated property management companies in the country.
Academy of Management Presidents at SMA’s 20th Annual Meeting (1982)L-R: Dennis F. Ray (SMA Past President), Max S. Wortman, John B. Miner, Dalton E. McFarland, Rosemary Pledger, John W. Slocum, Jr. (Academy President-elect), Keith Davis, Arthur G. Bedeian (SMA President-elect), Max D. Richards
The inaugural SMA Doctoral Consortium, coordinated by Arthur G. Bedeian (Louisiana State University), was held in 1984.
Van Fleet, D. D. (1986). “Regional Divisions of the Academy of Management.” In D.A. Wren (Ed.), Papers Dedicated to the Development of Modern Management: Celebrating 100 Years of Modern Management and the 50th Anniversary of The Academy of Management.
In 1989, SMA President James G. “Jerry” Hunt (Texas Tech University) asked Academy of Management Fellows W. Jack Duncan (University of Alabama at Birmingham), Art Bedeian, and Keith Davis (Arizona State University) to investigate creating a SMA Fellows Group.
A breakfast for Founding Fellows was held on November 7, 1991, in Atlanta.
In 2003, Jerry Hunt was named first recipient of the SMA Sustained Outstanding Service Award.
In 2004, SMA membership topped 1000 for the first time, with members located in 47 states and 34 countries, making SMA an international association.
The August, 2006, issue of the Journal features a history of its first 30 years.
The foundation named for him and his wife — the David H. and Suzanne D. Hillman Family Foundation — created the Hillman Entrepreneurs Program through the University of Maryland and Prince George’s Community College in 2006, according to the program’s website.
“David and his company also generously supported, with capital and operating dollars, Downtown Partnership’s renovation of Center Plaza in 2007, which stands as one of the most successful public spaces in the City.
In 2008 SMA’s annual service award was renamed the James G. (Jerry) Hunt Sustained Outstanding Service Award in Jerry’s memory.
Hillman a Lifetime Achievement Award in 2009.
The 2010 conference saw the integration of SMA’s Professional Development Institute (PDI) throughout the annual SMA program to widen its availability to members.
The Vienna, Va.-based firm manages 78 communities with 25,000 apartments, 1.5 million square feet of commercial space and three hotels, including The Hotel at the University of Maryland near the university’s main campus in College Park, which broke ground in 2014.
In 2014, Micki Kacmar introduced various annual program innovations, including the Town Hall meeting where members interact with SMA’s leadership, research “speed dating,” an “Act on Your Research” session, and local company tours.
In December 2017, David Hillman nominated his wife, Suzanne Hillman, CEO of Southern Management.
In 2018, they built and franchised the Cambria Hotel in College park.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Phoenix Management, Inc. | - | $5.6M | 500 | 2 |
| Sequoia | 1986 | $3.4M | 375 | 38 |
| Associated Management, Ltd. | - | $4.1M | 50 | - |
| Stiles | 1951 | $21.4M | 450 | 49 |
| United Housing | 1994 | $5.0M | 11 | - |
| Park Place Property Management | 2003 | $8.5M | 75 | 6 |
| Leland Corporate | - | $8.9M | 251 | 36 |
| Eagle Point Realty | - | $730,000 | 50 | 9 |
| Peterson Companies | 1801 | $372.8M | 1,595 | 69 |
| Terra Firma Global Partners | 2010 | $5.3M | 300 | 6 |
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Southern Management may also be known as or be related to Central Management, Southern Management, Southern Management Companies, Southern Management Corp. and Southern Management Corporation.