diff --git a/CHANGELOG.md b/CHANGELOG.md
index 58293be8f9..c0c3bb411b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -15,6 +15,28 @@ Increment the:
 
 ## [Unreleased]
 
+## [1.14.1] 2024-02-23
+
+* [SDK] Restore Recordable API compatibility with versions < 1.14.0
+  [#2547](https://github.com/open-telemetry/opentelemetry-cpp/pull/2547)
+* [DOC] Add missing CHANGELOG.
+  [#2549](https://github.com/open-telemetry/opentelemetry-cpp/pull/2549)
+* [EXPORTER] Error when grpc endpoint is empty
+  [#2507](https://github.com/open-telemetry/opentelemetry-cpp/pull/2507)
+* [DOC] Fix typo in benchmarks.rst
+  [#2542](https://github.com/open-telemetry/opentelemetry-cpp/pull/2542)
+
+Important changes:
+
+* [SDK] Restore Recordable API compatibility with versions < 1.14.0
+  [#2547](https://github.com/open-telemetry/opentelemetry-cpp/pull/2547)
+  * For third party _extending_ the SDK, release 1.14.0 introduced
+    an API breaking change compared to 1.13.0
+  * This fix restores API (but not ABI) compatibility of
+    release 1.14.1 with release 1.13.0.
+  * This allows to build a third party exporter with no source code changes,
+    for both releases 1.14.1 and 1.13.0.
+
 ## [1.14.0] 2024-02-16
 
 * [BUILD] Add DLL build CI pipeline with CXX20
diff --git a/api/include/opentelemetry/version.h b/api/include/opentelemetry/version.h
index ba1d4c3809..725f8f34bf 100644
--- a/api/include/opentelemetry/version.h
+++ b/api/include/opentelemetry/version.h
@@ -10,10 +10,10 @@
 #  define OPENTELEMETRY_ABI_VERSION_NO 1
 #endif
 
-#define OPENTELEMETRY_VERSION "1.14.0"
+#define OPENTELEMETRY_VERSION "1.14.1"
 #define OPENTELEMETRY_VERSION_MAJOR 1
 #define OPENTELEMETRY_VERSION_MINOR 14
-#define OPENTELEMETRY_VERSION_PATCH 0
+#define OPENTELEMETRY_VERSION_PATCH 1
 
 #define OPENTELEMETRY_ABI_VERSION OPENTELEMETRY_STRINGIFY(OPENTELEMETRY_ABI_VERSION_NO)
 
diff --git a/docs/public/conf.py b/docs/public/conf.py
index 9b12f9be2d..ebbfcda15d 100644
--- a/docs/public/conf.py
+++ b/docs/public/conf.py
@@ -24,7 +24,7 @@
 author = 'OpenTelemetry authors'
 
 # The full version, including alpha/beta/rc tags
-release = "1.14.0"
+release = "1.14.1"
 
 # Run sphinx on subprojects and copy output
 # -----------------------------------------
diff --git a/sdk/include/opentelemetry/sdk/version/version.h b/sdk/include/opentelemetry/sdk/version/version.h
index 56a43ea0e7..14c3f39953 100644
--- a/sdk/include/opentelemetry/sdk/version/version.h
+++ b/sdk/include/opentelemetry/sdk/version/version.h
@@ -5,7 +5,7 @@
 
 #include "opentelemetry/detail/preprocessor.h"
 
-#define OPENTELEMETRY_SDK_VERSION "1.14.0"
+#define OPENTELEMETRY_SDK_VERSION "1.14.1"
 
 #include "opentelemetry/version.h"
 
diff --git a/sdk/src/version/version.cc b/sdk/src/version/version.cc
index 9f394224a6..ade8d62f4b 100644
--- a/sdk/src/version/version.cc
+++ b/sdk/src/version/version.cc
@@ -13,12 +13,12 @@ namespace version
 {
 const int major_version    = 1;
 const int minor_version    = 14;
-const int patch_version    = 0;
+const int patch_version    = 1;
 const char *pre_release    = "NONE";
 const char *build_metadata = "NONE";
-const char *short_version  = "1.14.0";
-const char *full_version   = "1.14.0-NONE-NONE";
-const char *build_date     = "Sat Feb 17 00:17:25 UTC 2024";
+const char *short_version  = "1.14.1";
+const char *full_version   = "1.14.1-NONE-NONE";
+const char *build_date     = "Fri Feb 23 21:04:34 UTC 2024";
 }  // namespace version
 }  // namespace sdk
 OPENTELEMETRY_END_NAMESPACE