CNBC Leaders Playbook: Danny Meyer's leadership style

Summary

CNBC's Julia Boorstin joins 'Squawk Box' to preview the new 'CNBC Leaders Playbook' series. The first episodes feature Netflix's Ted Sarandos and Bela Bajaria, followed by Shake Shack's Danny Meyer and CEO Rob Lynch. In a clip, Meyer explains his employee-first 'enlightened hospitality' philosophy and argues it creates a virtuous cycle for all stakeholders, including investors. The hosts also note recent restaurant-sector upgrades and Shake Shack's stock move.

• CNBC launches a new 'Leaders Playbook' series focused on iconic executives' strategies.
• Julia Boorstin previews the series on 'Squawk Box'.
• First episodes feature Netflix leaders Ted Sarandos and Bela Bajaria, then Shake Shack's Danny Meyer and Rob Lynch.
• Danny Meyer describes prioritizing employees first, then guests, community, suppliers, and investors.
• Meyer says the employee-first approach creates a virtuous cycle that can benefit all stakeholders, including investors.
• Restaurant stocks are noted as rallying after sector upgrades; Shake Shack is up 15% in a month but below its summer high.
• Upcoming guests include Barry Diller, YouTube CEO Neal Mohan, and Lowe's CEO Marvin Ellison.