The print and digital campaign, devised by Mother, was launched at the Sundance Film Festival last week.
Leibovitz's work will appear in GQ, Elle and Vanity Fair from February, as well as across Stella’s digital channels.
Mother has also created an online hub, , as part of the campaign, featuring the stills from the Annie Leibovitz shoot, as well as behind-the-scenes films featuring interviews with the models, stylists and other people behind the work.
Emma Fox, the global marketing director at Stella Artois, said: "Annie Leibovitz's work marries artistic genius with painstaking craftsmanship, to create timeless beauty.
"This concept is a personal one for Stella Artois. Our fans experience the beer in its finished form, but 600 years of brewing expertise helped make this possible. So we wanted to celebrate both the beauty and the craftsmanship that go into its creation."
The campaign also features digital work from photography bloggers asked by Stella to capture something that relates to 'Timeless Beauty'.
Matthew Zorpas, "", was one of the bloggers invited to produce his interpretation of the brief.
Stella Artois
Annie Leibovitz shoots Stella Artois campaign
Annie Leibovitz, the celebrated photographer, has shot a new campaign for Stella Artois called 'Timeless Beauty'.