diff --git a/CMakeLists.txt b/CMakeLists.txt
index 46ca94423b51..dba5bf9551f6 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -201,6 +201,9 @@ endif()
 
 set(LLVM_LIBDIR_SUFFIX "" CACHE STRING "Define suffix of library directory name (32/64)" )
 
+set(LLVM_TOOLS_INSTALL_DIR "bin" CACHE STRING "Path for binary subdirectory (defaults to 'bin')")
+mark_as_advanced(LLVM_TOOLS_INSTALL_DIR)
+
 # They are used as destination of target generators.
 set(LLVM_RUNTIME_OUTPUT_INTDIR ${CMAKE_CURRENT_BINARY_DIR}/${CMAKE_CFG_INTDIR}/bin)
 set(LLVM_LIBRARY_OUTPUT_INTDIR ${CMAKE_CURRENT_BINARY_DIR}/${CMAKE_CFG_INTDIR}/lib${LLVM_LIBDIR_SUFFIX})
diff --git a/cmake/modules/AddLLVM.cmake b/cmake/modules/AddLLVM.cmake
index cc7445fb2cf5..789555aee066 100644
--- a/cmake/modules/AddLLVM.cmake
+++ b/cmake/modules/AddLLVM.cmake
@@ -771,7 +771,7 @@ macro(add_llvm_tool name)
     if( LLVM_BUILD_TOOLS )
       install(TARGETS ${name}
               EXPORT LLVMExports
-              RUNTIME DESTINATION bin
+              RUNTIME DESTINATION ${LLVM_TOOLS_INSTALL_DIR}
               COMPONENT ${name})
 
       if (NOT CMAKE_CONFIGURATION_TYPES)
@@ -1211,7 +1211,7 @@ function(llvm_install_symlink name dest)
   set(full_dest ${dest}${CMAKE_EXECUTABLE_SUFFIX})
 
   install(SCRIPT ${INSTALL_SYMLINK}
-          CODE "install_symlink(${full_name} ${full_dest} bin)"
+          CODE "install_symlink(${full_name} ${full_dest} ${LLVM_TOOLS_INSTALL_DIR})"
           COMPONENT ${component})
 
   if (NOT CMAKE_CONFIGURATION_TYPES AND NOT ARG_ALWAYS_GENERATE)
diff --git a/cmake/modules/TableGen.cmake b/cmake/modules/TableGen.cmake
index fca7d1bda4b3..c88ee3fc196b 100644
--- a/cmake/modules/TableGen.cmake
+++ b/cmake/modules/TableGen.cmake
@@ -141,7 +141,7 @@ macro(add_tablegen target project)
   if (${project} STREQUAL LLVM AND NOT LLVM_INSTALL_TOOLCHAIN_ONLY)
     install(TARGETS ${target}
             EXPORT LLVMExports
-            RUNTIME DESTINATION bin)
+            RUNTIME DESTINATION ${LLVM_TOOLS_INSTALL_DIR})
   endif()
   set_property(GLOBAL APPEND PROPERTY LLVM_EXPORTS ${target})
 endmacro()