WHITE RIVER CORP
8-K, 1997-12-24
INSURANCE AGENTS, BROKERS & SERVICE
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<PAGE>
 
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                         -----------------------------

                                    FORM 8-K
                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

                                December 22, 1997
                Date of Report (Date of earliest event reported)



                             WHITE RIVER CORPORATION
             (Exact name of registrant as specified in its charter)




            Delaware                   0-22604                93-1011071
(State or other jurisdiction  (Commission File Number)      (IRS Employer
       of incorporation)                                  Identification No.)


  777 Westchester Avenue, Suite 201      
           White Plains, New York                                10604
(Address of principal executive offices)                      (Zip Code)



       Registrant's telephone number, including area code: (914) 251-0237
<PAGE>
 
Item 5. Other Events.

On December 22, 1997, White River Corporation issued a press release announcing
the resignation of Robert T. Marto from his position as President and CEO. The
information contained in the press release, which is attached as an exhibit to
this report, is incorporated herein by reference.

Item 7. Financial Statements and Exhibits.

        (c) Exhibits.

            Exhibit 99. Press release of White River Corporation dated
            December 22nd, 1997.
<PAGE>
 
                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

December 23, 1997



                                   White River Corporation

                        
                                   /s/ Michael E.B. Spicer
                                   --------------------------------
                                   Name:  Michael E.B. Spicer
                                   Title: Chief Financial Officer and Treasurer
<PAGE>
 
                                  EXHIBIT INDEX


Exhibit No.           Description
- ----------            -----------
  
99                    Press release of White River Corporation dated 
                      December 22, 1997.

<PAGE>
 
                                                                      Exhibit 99
[LETTERHEAD OF WHITE RIVER CORPORATION APPEARS HERE]


                                              CONTACT: (914) 251-0237 Ext. 113



                  WHITE RIVER REPORTS PRESIDENT AND CEO RESIGNS

WHITE PLAINS, New York, December 22, 1997 -- White River Corporation ("White
River") announced today that Robert T. Marto resigned from his position as
President and CEO of White River, effective as of the close of business on
December 22, 1997. Mr. Marto's resignation was required under the terms of the
recently announced Agreement and Plan of Merger, by and between White River and
an affiliate of Harvard Private Capital Group, Inc. Mr. Marto will continue to
serve on the Board of Directors of White River and will chair the Finance
Committee of the Board.

The Board of Directors of White River expects to name a new President and CEO in
January.

White River's common stock trades on the Nasdaq National Market tier of the
NASDAQ Stock Market under the symbol "WHRC".




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