diff --git a/lib/erb.gemspec b/lib/erb.gemspec
index 54d67c8a65..a5523b3b3c 100644
--- a/lib/erb.gemspec
+++ b/lib/erb.gemspec
@@ -16,7 +16,7 @@ Gem::Specification.new do |spec|
   spec.files         = Dir.chdir(File.expand_path("..", __FILE__)) do
     `git ls-files -z`.split("\x0").reject { |f| f.match(%r{^(test|spec|features)/}) }
   end
-  spec.bindir        = "exe"
+  spec.bindir        = "libexec"
   spec.executables   = ["erb"]
   spec.require_paths = ["lib"]
 end