[Distutils] Compiling and installing C executable in setup.py

[sashk]

Hello,

I've got a python package which requires to install C executable, which will need to go into proper place, i.e. same 
place where scripts would go ($VIRTUAL_ENV/bin, /usr/local/bin, etc). 

What would be the correct way to implement this? 

I found couple examples, but they work only when using pip to install  the package, but fail when I try to use 
python setup.py install: they will build the executable, but will not install it during the "install bdist_egg" stage. 

Regards,
-sashk