diff --git a/CHANGELOG.md b/CHANGELOG.md
index fcf9091a19..03754be282 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,9 +2,13 @@
 
 ## Changes to SUNDIALS in release X.Y.Z
 
-Fixed conflicting `.lib` files between shared and static libs when using `MSVC` on Windows
+Fixed the runtime library installation path for windows systems. This fix changes the
+default library installation path from `CMAKE_INSTALL_PREFIX/CMAKE_INSTALL_LIBDIR` to
+`CMAKE_INSTALL_PREFIX/CMAKE_INSTALL_BINDIR`.
 
-Fixed invalid `SUNDIALS_EXPORT` generated macro when building both shared and static libs
+Fixed conflicting `.lib` files between shared and static libs when using `MSVC` on Windows.
+
+Fixed invalid `SUNDIALS_EXPORT` generated macro when building both shared and static libs.
 
 Created shared user interface for ARKODE user-callable routines, to allow more
 uniform control over time-stepping algorithms, improved extensibility, and
diff --git a/cmake/macros/SundialsAddLibrary.cmake b/cmake/macros/SundialsAddLibrary.cmake
index 3c66bbe7e3..84505e4f12 100644
--- a/cmake/macros/SundialsAddLibrary.cmake
+++ b/cmake/macros/SundialsAddLibrary.cmake
@@ -362,7 +362,7 @@ macro(sundials_add_library target)
       endif()
 
       # install phase
-      install(TARGETS ${_actual_target_name} DESTINATION ${CMAKE_INSTALL_LIBDIR} EXPORT sundials-targets)
+      install(TARGETS ${_actual_target_name} EXPORT sundials-targets)
 
     endif()
 
diff --git a/doc/shared/RecentChanges.rst b/doc/shared/RecentChanges.rst
index 6b3cb4f270..3d7025d7ac 100644
--- a/doc/shared/RecentChanges.rst
+++ b/doc/shared/RecentChanges.rst
@@ -1,5 +1,9 @@
 **New Features**
 
+Fixed the runtime library installation path for windows systems. This fix changes the
+default library installation path from ``CMAKE_INSTALL_PREFIX/CMAKE_INSTALL_LIBDIR`` to
+``CMAKE_INSTALL_PREFIX/CMAKE_INSTALL_BINDIR``.
+
 Created shared user interface for ARKODE user-callable routines, to allow more
 uniform control over time-stepping algorithms, improved extensibility, and
 simplified code maintenance.  Marked the corresponding stepper-specific