diff --git a/RELEASE b/RELEASE
index 211e74c45c..23eee8bc4e 100644
--- a/RELEASE
+++ b/RELEASE
@@ -1,6 +1,6 @@
 *******************************************************************************
 
-Axom: ................................, version 0.4.0
+Axom: ................................, version 0.5.0
 
 Copyright (c) 2017-2021, Lawrence Livermore National Security, LLC. 
 Produced at the Lawrence Livermore National Laboratory.
@@ -20,4 +20,7 @@ Cyrus Harrison (harrison37@llnl.gov)
 Lee Taylor (taylor16@llnl.gov)
 Kenny Weiss (kweiss@llnl.gov)
 Chris White (white238@llnl.gov)
-George Zagaris (zagaris2@llnl.gov)
+Max Yang (wang39@llnl.gov)
+
+emeritus
+George Zagaris
diff --git a/src/cmake/AxomVersion.cmake b/src/cmake/AxomVersion.cmake
index eeeeb2e36f..8e4431526f 100644
--- a/src/cmake/AxomVersion.cmake
+++ b/src/cmake/AxomVersion.cmake
@@ -9,7 +9,7 @@
 #       otherwise, the hard-coded values will go in to the config.
 #------------------------------------------------------------------------------
 set(AXOM_VERSION_MAJOR 0)
-set(AXOM_VERSION_MINOR 4)
+set(AXOM_VERSION_MINOR 5)
 set(AXOM_VERSION_PATCH 0)
 string(CONCAT AXOM_VERSION_FULL
     "v${AXOM_VERSION_MAJOR}"