diff --git a/.releaserc.js b/.releaserc.js
index 114d65d1a2..c4ad52c9b2 100644
--- a/.releaserc.js
+++ b/.releaserc.js
@@ -66,6 +66,7 @@ module.exports = {
                     "CHANGELOG.md",
                     "java/pom.xml",
                     "infra/charts/**/*.*",
+                    "infra/feast-operator/**/*.*",
                     "ui/package.json",
                     "sdk/python/feast/ui/package.json",
                     "sdk/python/feast/ui/yarn.lock"
diff --git a/infra/feast-operator/Makefile b/infra/feast-operator/Makefile
index f446437751..f52911f432 100644
--- a/infra/feast-operator/Makefile
+++ b/infra/feast-operator/Makefile
@@ -3,7 +3,7 @@
 # To re-generate a bundle for another specific version without changing the standard setup, you can:
 # - use the VERSION as arg of the bundle target (e.g make bundle VERSION=0.0.2)
 # - use environment variables to overwrite this value (e.g export VERSION=0.0.2)
-VERSION ?= 0.39.0
+VERSION ?= 0.40.0
 
 # CHANNELS define the bundle channels used in the bundle.
 # Add a new line here if you would like to change its default config. (E.g CHANNELS = "candidate,fast,stable")
diff --git a/infra/feast-operator/config/manager/kustomization.yaml b/infra/feast-operator/config/manager/kustomization.yaml
index 1c111ac7ad..aba3224be6 100644
--- a/infra/feast-operator/config/manager/kustomization.yaml
+++ b/infra/feast-operator/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ kind: Kustomization
 images:
 - name: controller
   newName: feastdev/feast-operator
-  newTag: 0.39.0
+  newTag: 0.40.0