diff --git a/.circleci/config.yml b/.circleci/config.yml
deleted file mode 100644
index 983d7718..00000000
--- a/.circleci/config.yml
+++ /dev/null
@@ -1,19 +0,0 @@
-version: 2.1
-jobs:
-  build:
-    machine: true
-    steps:
-      - run: "echo skip"
-
-workflows:
-  version: 2
-  ignore:
-    jobs:
-      - build:
-          filters:
-            branches:
-              ignore:
-                - gh-pages
-                - master
-                - main
-                - github-actions
diff --git a/.github/workflows/release.yml b/.github/workflows/release.yml
index 54f13ec5..371ed745 100644
--- a/.github/workflows/release.yml
+++ b/.github/workflows/release.yml
@@ -12,12 +12,11 @@ jobs:
       - name: Prepare
         id: prep
         run: |
-          VERSION=sha-${GITHUB_SHA::8}
-          if [[ $GITHUB_REF == refs/tags/* ]]; then
-            VERSION=${GITHUB_REF/refs\/tags\//}
-          fi
+          VERSION=$(grep 'VERSION' pkg/version/version.go | awk '{ print $4 }' | tr -d '"')
+          CHANGELOG="https://github.com/fluxcd/flagger/blob/main/CHANGELOG.md#$(echo $VERSION | tr -d '.')"
           echo ::set-output name=BUILD_DATE::$(date -u +'%Y-%m-%dT%H:%M:%SZ')
           echo ::set-output name=VERSION::${VERSION}
+          echo ::set-output name=CHANGELOG::${CHANGELOG}
       - name: Setup QEMU
         uses: docker/setup-qemu-action@v1
         with:
@@ -71,4 +70,4 @@ jobs:
           draft: false
           prerelease: false
           body: |
-            [CHANGELOG](https://github.com/fluxcd/flagger/blob/main/CHANGELOG.md#${{ steps.prep.outputs.VERSION }})
+            [CHANGELOG](${{ steps.prep.outputs.CHANGELOG }})
diff --git a/CHANGELOG.md b/CHANGELOG.md
index b782543f..b76cd01a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,7 +2,29 @@
 
 All notable changes to this project are documented in this file.
 
-## 1.4.2 (2020-12-09) 
+## 1.5.0
+
+**Release date:** 2020-12-22
+
+This is the first release of Flagger under [fluxcd](https://github.com/fluxcd) organization (CNCF sandbox).
+Starting with this version, Flagger can be installed on multi-arch Kubernetes clusters (Linux AMD64/ARM64/ARM).
+The multi-arch image is available on GitHub Container Registry
+at [ghcr.io/fluxcd/flagger](https://github.com/orgs/fluxcd/packages/container/package/flagger).
+
+#### Improvements
+
+- Publish multi-arch image to GitHub Container Registry
+  [#763](https://github.com/fluxcd/flagger/pull/763)
+- Migrate CI to GitHub Actions
+  [#754](https://github.com/fluxcd/flagger/pull/754)
+- Add e2e tests for label prefix inclusion
+  [#762](https://github.com/fluxcd/flagger/pull/762)  
+- Added PodDisruptionBudget to the Flagger Helm chart
+  [#749](https://github.com/fluxcd/flagger/pull/749)
+
+## v1.4.2
+
+**Release date:** 2020-12-09
 
 Fix Istio virtual service delegation
 
diff --git a/artifacts/flagger/deployment.yaml b/artifacts/flagger/deployment.yaml
index cc654fcb..4aaef776 100644
--- a/artifacts/flagger/deployment.yaml
+++ b/artifacts/flagger/deployment.yaml
@@ -22,7 +22,7 @@ spec:
       serviceAccountName: flagger
       containers:
       - name: flagger
-        image: ghcr.io/fluxcd/flagger:1.4.2
+        image: ghcr.io/fluxcd/flagger:1.5.0
         imagePullPolicy: IfNotPresent
         ports:
         - name: http
diff --git a/charts/flagger/Chart.yaml b/charts/flagger/Chart.yaml
index 36008200..ea928667 100644
--- a/charts/flagger/Chart.yaml
+++ b/charts/flagger/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v1
 name: flagger
-version: 1.4.2
-appVersion: 1.4.2
+version: 1.5.0
+appVersion: 1.5.0
 kubeVersion: ">=1.11.0-0"
 engine: gotpl
 description: Flagger is a progressive delivery operator for Kubernetes
diff --git a/charts/flagger/values.yaml b/charts/flagger/values.yaml
index b752db6c..f05c78a1 100644
--- a/charts/flagger/values.yaml
+++ b/charts/flagger/values.yaml
@@ -2,7 +2,7 @@
 
 image:
   repository: ghcr.io/fluxcd/flagger
-  tag: 1.4.2
+  tag: 1.5.0
   pullPolicy: IfNotPresent
   pullSecret:
 
diff --git a/kustomize/base/flagger/kustomization.yaml b/kustomize/base/flagger/kustomization.yaml
index 780ce040..2146ebff 100644
--- a/kustomize/base/flagger/kustomization.yaml
+++ b/kustomize/base/flagger/kustomization.yaml
@@ -8,4 +8,4 @@ resources:
   - deployment.yaml
 images:
   - name: weaveworks/flagger
-    newTag: 1.4.2
+    newTag: 1.5.0
diff --git a/pkg/version/version.go b/pkg/version/version.go
index a7716a41..c60cce9a 100644
--- a/pkg/version/version.go
+++ b/pkg/version/version.go
@@ -16,5 +16,5 @@ limitations under the License.
 
 package version
 
-var VERSION = "1.4.2"
+var VERSION = "1.5.0"
 var REVISION = "unknown"