Earlier quoted context omitted.
spoopy01 nailed it. Most of the people hiring data scientists don't really know what data science is, or probably even why they need it. So they inflate the hell out of the requirements to a. CYA and b. hopefully get somebody so experienced they can come in and make up for the lack of organizational understanding of data science. IOW, they want somebody who can "teach us what we don't know".
Teaching me what I don't know is what I want with all of my engineering hires. I want people better than me who will tell me why my architecture isn't ideal or whatever the case is.
Or maybe there's a better explanation for asking for a candidate with a Ph.D. in Statistics to create a linear regression model in Excel. Because truth is, for many companies that's all they need.